Cable TV is dying, and the industry only has itself to blame

  • Thread starter Thread starter Andy Meek
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Andy Meek

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Time was, people ditched their cable TV packages by cutting the cord so they could save money by going all-in on streaming. It was the price of an expensive cable TV arrangement versus something like Netflix's low monthly price (which has ticked steadily upward in recent years).

Then, slowly but surely, many of us started tacking on subscriptions to services like Disney+, Hulu, Apple TV+, Peacock, and others, such that in many cases it became more expensive to ditch cable in favor of going cord-less and getting your entertainment fix from streaming TV options.

In fact, researchers at Versus Reviews found that in more than half of the US -- in 37 states, to be exact -- people spend more on average on streaming versus what they spend (or, in many cases, spent) on cable. It's generally not a lot, with streaming only costing more than cable by a few dollars a month in many cases, but here's the point: How terrible has an industry gotten, when people want to pay more on a go-forward basis to be rid of it?

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Cable TV is dying, and the industry only has itself to blame originally appeared on BGR.com on Tue, 8 Jun 2021 at 17:12:16 EDT. Please see our terms for use of feeds.

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