More than 1 million consumers canceled their cable-TV or satellite subscriptions in the past quarter, one of the largest seasonal drops ever, stepping up pressure on pay-TV providers to generate revenue in other ways.
Old-guard companies have turned to streaming services and partnerships with digital video startups to stanch the loss of pay-TV subscribers. Yet figures reviewed by The Wall Street Journal show that those tactics have failed to offset the erosion of what used to be one of the entertainment industryâ€™s most profitable businesses.
Fiber-optic broadband services like Verizon Communications Inc.â€™s VZ 0.68% Fios and AT&T Inc.â€™s U-verse have shed pay-TV customers most quickly in recent years, though they had a smaller subscriber base from the start....
I think Netflix, Hulu, and YouTube have contributed to the demise of traditional TV. Now, you can go to YouTube and literally pick from millions of "channel's", and it's free. There is a reason, of course, why they're called "YouTube channel's".
Maybe better programming with less sleaze and trash would have been better received.
We haven't had anything but over-the-air TV for years which we never use except on the rarest of occasions. Back when we had cable almost a decade ago, we had a ton of channels but nothing worth watching. Now that things on TV have gotten worse, I shudder to think what ungodliness we might be exposed.