Most of you probably have fond memories growing up watching cable television. You no longer had to rent VHS on Blockbuster because you can watch all the coolest films on TV in the comfort of your own homes. You can even record your favorite shows or movies, so you can watch it over and over again whenever you like. And for several decades now, the cable industry had us in a firm grip. Our over fascination with sensational news, the entertainment industry, and reality TV got us seriously hooked to cable TV. With the advent of the Internet, other legal online streaming options became increasingly accessible to us. You no longer have to pay for expensive cable TV when you can simply stream online for free. On the other hand, you also have the option of subscribing to both Netflix and Hulu Plus for only $18 a month and get to watch the same shows shown on cable at more than half the price. As if piracy isn’t enough of a threat, cable TV is struggling to basically exist in this day and age.
Now that consumers are becoming more aware that they have a choice, paying for an average of $50/month on lousy cable TV subscription seems too much when they can simply stream online and not pay anything more on top of their Internet subscription. Over the past few decades, cable subscription has risen dramatically even faster than inflation itself. Fortunately, you no longer have to settle for what shows are currently aired on TV but can choose whatever film or TV show you want to watch anytime of the day.
(Via: https://www.wired.com/2016/04/cable-box-dying-still-needs-fixed/) If the cable industry doesn’t innovate and learn to adapt to the times, they’d likely disappear from the face of the planet without any struggle at all. You can only milk this type of industry for quite some time. But now that technologies like online video streaming are becoming more mainstream and affordable, many consumers don’t see the point of paying for pricey cable TV services when they can see the content they want when they surf the web. Best of all, you can do away with annoying and time-consuming advertisements you aren’t always interested in watching. Let’s all wait and see how cable companies evolve if they ever will. Because one thing is for sure if they don’t, they get archived and forgotten just like the empty Blockbuster stores of a long-lost era in the past. The blog post The Slow Death Of The Cable Industry was originally published to The BI Blog from https://www.brandinfiltration.com/the-slow-death-of-the-cable-industry/
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