Why Internet Television Isn't Quite Ready To Save Us From Cable TV

smaxp writes "It's no surprise that few people love their pay TV providers. In May, Variety reported that the American Consumer Satisfaction Index ranked cable television providers last in all consumer categories. Pent up frustration with cable and satellite TV providers fuels a steady buzz that Amazon, Apple, Google and Netflix will disrupt TV. These new entrants promise to offer variability in pricing and greater choice fueling notions that Americans have officially cut their proverbial cords. But true disruption is wishful thinking. Data from the PricewaterhouseCooper’s (PwC) global entertainment and media outlook for 2013-2017 doesn’t support a disruptive market scenario. Incumbent cable and satellite pay TV providers and over-the-top (OTT) challengers such as Amazon and Netflix are both forecasted to grow. OTT TV has only reinvented a single part of the TV business, streaming archival movie and television content over the internet replacing physical DVDs and time-shifted DVR replay of TV programs. To displace incumbents, OTT TV has to continue to change TV business models in ways that appeal to consumers and attract content owners. "

Comments

Re:Do sport fans age out?

[LordZardoz]

Interesting question. I am going to guess no. Sports are surprisingly tied to modern culture.

While it is clearly not 'high culture' in the way that Opera, art galleries, ballet, and such manage to, sports are surprisingly important to modern culture. Humans are competitive with one another. Sports are one of the few acceptable physical outlets for that. Competition in sports allow humans to compete with one another, either individually or in groups, without resorting to violence. Humans are tribal, and sports teams push several psychological buttons for people (belong to a group, and lets kick the ass of those other guys from across the river).

Individual sports may increase or decrease in importance over time, but I expect that some form of sports will continue to be culturally relevant and important as long as humans are both competitive with one another and want to impress women by showing off how dominant they are.

END COMMUNICATION

Not so much

[rsilvergun]

if you've got kids, particularly girls, you're stuck. They all want to watch the same shows and the same night. I'm too broke for cable right now (When it hit $170/mo for Internet+tv I had to bail) and it drives my kid nuts. Sure, the shows might show up on Netflix, but it takes months. I can get them on iTunes, but it's so expensive I might as well buy cable (and I'm sure that's by design).

I know a lot of people will rant about Television being brain rot and all that, but for most normal people (hint: Not the /. crowd) TV is a social thing. It genuinely puts my kid at a social disadvantage that she doesn't have it.