Tag: Cable TV
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Nexstar Thinks Cable TV Losses to Cord Cutting Are Coming to An End
Today, Nexstar the largest owner of ABC, CBS, FOX, and NBC stations, put out a new presentation to investors. In that presentation, the company says it believes that cable TV losses will come to an end. According to Nexstar, cable TV subscribers will be able to enjoy a superior experience, enabling them to access all…
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Cable TV Growing Older? Younger Adults Are Dropping Subscriptions At a High Rate
The clock has long been ticking on cable TV, and it seems to be speeding up among the younger end of the spectrum. According to a new report from the Leichtman Research Group, 56% of adults aged 18 to 44 have a pay-TV service. A decade ago, that figure stood at 83%. Adults 45 and…
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As 5G Home Internet Explodes, This Cable Provider Just Slashed Broadband Prices to Compete
The impact of the 5G home internet and satellite-based broadband services is real, with these alternative options bringing real competition into new areas. As a result, the cable industry is getting more aggressive, as illustrated by Cable One’s latest promotional offer. The company, which serves 1.1 million customers in 24 states under the Sparklight brand,…
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The Death of Cable TV Is Speeding Up As Cable & Satellite Viewership Drops To Just 37.1% Of All TV Viewing
The death of cable TV is speeding up once again. According to a new report from Inscape, the total cable TV and satellite viewership on VIZIO TVs has dropped to just 37.1%. This is down from 46.9% during the same period in 2021. Streaming now accounts for 53.8% of all TV time. Video games now…
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Cable TV As We Know It Is About To Die
Since the start of 2023, it was predicted to be a big year for cord cutting. Now, though, it has become an even bigger year than expected as cable TV is being turned upside down on its head. Recently, multiple cable TV companies announced that they would be shutting down their TV services and partnering…
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Spectrum Says Cable TV is Broken & Wants Disney to Agree to Bundle Streaming Services At Discounted Prices
Last night, Disney-owned channels went dark on Spectrum, the second-largest cable TV provider in the United States. Now Spectrum says that the current system is broken and is proposing a new model that creates better choices for its customers. Here is the full statement Spectrum sent Cord Cutters News: We are disappointed with The Walt…
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Cable TV Companies Are Losing Over 20,000 Subscribers Every Day As Cord Cutting Grows
So far, 2023 was not very nice to cable TV companies. They lost a total of 1,820,943 subscribers in just the first 91 days of 2023. That works out to be over 20,000 subscribers every day. This comes from the Leichtman Research Group, which tracks the cable TV and streaming markets. If that trend continues,…
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Cable TV Expected to Spend Less on Original Content in 2023 As Cord Cutting Grows
A new report from Ampere Analysis predicts 2023 will see an investment slump this year, just a 2 percent year-on-year increase from last year. 2022 saw a global content spend growth of 6 percent, totaling $268 billion. One of the main driving factors of last year’s growth was due to subscription video-on-demand services, which collectively…
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Cable TV Packages Now Cost an Average of $217.42 Per Month & Costs More Than Water, Power, & Trash Combined
Cord cutting is sweeping the nation as more people find alternate sources of entertainment other than expensive cable contracts. Altogether, cable companies are hemorrhaging millions of customers every year as price plans for cable packages increase. Back in 2018, the Federal Communications Commission’s Report on Cable Industry Pricing showed an expanded basic cable plan cost…
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The Cost of Streaming Services May Go Up As TV Ad Revenue Are Tanking & Predicted to Continue To Fall Amidst Writers Strike
GroupM is the world’s leading media investment company and has released some discouraging reports for television ad revenue predictions. Amidst a struggling economy and an entertainment industry nearly halted until the writers’ strike comes to an end, the group forecasts 2023 isn’t shaping up to be a profitable year for TV ad revenue streams, especially…