3 Reasons Cable TV Companies Will Go Out Of Business
That’s what huffingtonpost.com says. Here’s their justification:
The rapid of acceleration of technology has left dated services in the dust. Often times, innovation can make once common things go extinct.
We see this phenomenon all of the time. A great example of this is with radio stations, that saw a rapid decline as listeners pivoted to television networks to get their information and entertainment.
Consumers will always trend towards the latest and greatest, leaving incumbents who failed to develop in the dust. Which industry will be next?
For many of the same reasons as radio stations, cable companies will be next to go. In the next few years, experts expect a continual decline of traditional television viewers. The future is coming, and cable tv companies may not be a part of it.
Here are 3 things that streaming services offer that will make the cable companies go out of business.