Slashdot Mirror
Cord-Cutters Are Ditching Their Cable Packages At the Fastest Rate Ever (axios.com)
Sara Fischer, writing for Axios: Cord-cutters are ditching their cable packages at the fastest rate ever, opting instead for cheaper, bundled digital TV options, according to the latest Magid Broadcast Study. The trend reflects consumers' preferences to ditch bundled cable packages for more affordable, niche bundled services that can be accessed on TV box tops or on mobile. For consumers, there are more bundled packages than ever, all popping up around similar price ranges. YouTube TV and Hulu TV launched within the past two month, joining the likes of SlingTV and DirectTV Now -- all at a roughly $40 monthly price point -- a bargain considering the average American pays $92 monthly for cable.
Not true- many of their deals with channel providers require per subscriber fees.
I still have more fans than freaks. WTF is wrong with you people?
If I ran Comcast, I wouldn't give a crap if you cut the cable TV cord. Where are you going to get your streaming video, pal? Over my internet line, that's where. So I can charge you whatever I need to charge you for internet access to keep my revenues the same.
If Slashdot were chemistry it would look like this:Cadaverine
No it's not, "cord cutting" specifically refers to people ditching cable TV. That's all.
So if they could make more money by raising prices they would already be doing it.
Who's to say they don't?
My parents started with Comcast some 20 years ago paying $40 a month for Basic+ cable (enough for Nickelodeon and ESPN and such). I remember having somewhere on the order of 60-70 channels. When they finally cut the cord last year, they were paying $150 a month, including the "mandatory cable box" for roughly 150 channels, many of which had both SD and HD versions.
I cut the cord much earlier, but I started at $55 a month for ~100 channels in 2005, ended at $80 for ~100 channels, after 4 years. The only changes? A golf channel and 3 new religious channels that I couldn't give a crap about. It was either Comcast or DSL, and both often failed to deliver advertised speeds, not to mention lengthy downtimes when they happened.