Is Cable Tv Dying?

In the 1970s, people caught up with the idea of using cable connections even to individual communities. Since then, it was on demand in every household.

Cable TV is going through a slow death. Many researchers and surveys say that it might not be a hundred percent clean wipe-out from the planet, but it might disappear from the radar.

But Why? Why Is Cable TV Dying?

Technology intervention is a revolution of modern technology that upgrades the quality and functionality of technology.

But the growth of online streaming has been nothing short of amazing. In just a few years, streaming video has become one of the most popular forms of entertainment on the internet. And it’s not just kids anymore. Adults are also watching videos on their phones and computers.

Netflix is a streaming service that allows users to watch movies and TV shows online. It was invented by Reid Hastings, who was sick of renting DVDs.

Online streaming services have overtaken cable TV in popularity. There are now many different streaming services to choose from, depending on the country. ..

But How? How Did This Change?

The internet or WWW has emerged in the late nineties which opened the doors to many other platforms like YouTube and other OTT platforms. This has given rise to a number of new opportunities for businesses and individuals to get their content seen by a wider audience. For example, businesses can now offer their products and services over the internet, making it easier for customers to find and buy them. Individuals can also use online platforms like YouTube and other OTT platforms to share their own videos, giving people a way to see them before they are released on television or film.

This was not an instant takeover, but it took at least two decades to come to fruition.

Cable TV is sure to see its death eventually as 4G and 5G internet become more prevalent.

OTT platforms offer a variety of benefits over traditional cable TV services, including:

  • Increased flexibility and choice when it comes to watching TV shows and movies.
  • A more personalized experience with OTT platforms, as they are not subject to the same regulations as traditional cable TV providers.
  • The ability to watch TV shows and movies whenever and wherever you want, without having to worry about your data or cord cutting restrictions.

Here Are The Factors Which Facilitated This Technological Revolution:

1. Cable TV Is Expensive: 

The average cost of cable TV in the US is more than the average utility bill, according to a report from The New York Times. This could be an issue for people who want to watch many channels but want to save money on their monthly bills.

Netflix charges $3 per month for a single device. ..

2. In Online Streaming, We Can Pay As Per Usage But Cable Tv Has A Rigid Fee:

I can choose which channels I want to pay for and which ones I do not. I watch what I want, when I want. ..

I can cancel my subscription any time I want and not pay for it until I need it again.

3. Mobility, Flexibility, And Convenience:

I need to pack my TV with me when I’m on a trip so that I can watch my favorite videos and stay entertained.

Streaming has become a habit for me because it is more convenient than watching TV.

4. Advertisements:

Netflix has made us intolerant of ads. We watched long ads before but now do not have to do that anymore. Not while watching our favorite movie on Netflix. ..

5. Provides Employment:

YouTube has created a new group of professionals called “YouTubers.” They are paid for their content, which means it is free to watch but the icing on the cake is that we can earn money from it. This could not get any better! Until YouTube decides to charge for its usage! ..

OTT platforms provide a way for actors and artists who might not have had a chance in the industry before. ..

6. Censorship: 

The Federal Communications Commission has the power to sense anything over these signals. Some people are unhappy with this.

Cable TV is in a decline. The process has already begun unless they produce innovative strategies to combat the above factors of online streaming. ..

It is not going to be a wipe-out because seventy-four million households in America still have Cable TVs because they want to watch sports and other live content. However, the number of households that have them will decrease by about one-third due to the addition of streaming services like Netflix and Hulu.

YouTube is still a powerful force in the entertainment industry and if it starts charging sky-high prices for its services, it may be time to give up cable TV altogether.

The people of the developing world are not as reliant on technology as those in developed countries. ..

95 percent of the population will be able to access the internet by 2020, according to a study by the World Bank. This means that for the first time in history, most people will be able to do their shopping, work, and connect with friends and family without leaving their homes.

Online streaming services like Netflix and Hulu have created a new type of job: the content creator. These platforms allow users to watch TV shows, movies, and other content they may have missed while away at work. This new type of job is often difficult to find, as most people are still employed by traditional media companies. However, with online streaming services like Netflix and Hulu, content creators can now make a living without having to leave their home.