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Cord-cutting Report: Streaming Services Will Be 25% of the Pay-TV market by 2023 (fastcompany.com)
UBS is increasing its outlook for streaming TV services such as Sling TV and DirecTV Now, estimating that such services will make up 25% of the pay-TV market in five years. Meanwhile, USB expects traditional TV subscriptions to decline 4.1% over the next year alone. From the report: Here are some other takeaways from UBS's report: Although Google hasn't disclosed subscriber numbers for YouTube TV, UBS estimates that the service has 750,000 subscribers after one year. That would put it just behind Hulu (800,000 subscribers), which launched around the same time. Sling TV remains in the lead with 2.3 million subscribers after three years, and DirecTV Now is catching up with 1.5 million subscribers in 16 months. PlayStation Vue still has just 700,000 subscribers after three years. A survey by UBS found that one in three respondents were likely or very likely to subscribe to a streaming TV bundle. (Hulu with Live TV and YouTube TV were the top two potential picks among these respondents, suggesting that they'll play catch up with their rivals over time.)
Still have an internet connection to the cable company?
$200 Comcast bill is what made me end the Cable Box.
If it was at a reasonable price I wouldn't have bothered.
"Cord cutting" will not overtake cable as long as the only way to get a reasonable price for internet is to "bundle" your service with pay TV. And it's only going to get a lot worse with all the big mergers that the corrupt Trump administration is handing out to corporations.
You can cut all the cords you want, but you're still going to be paying a cable bill, even if you only watch Netflix and Hulu. Two companies providing all the internet bandwidth and TV content will never be anything like "competition".
You are welcome on my lawn.
The cable cartel has been dictating what customers get for too long and streaming services offer a small step forward. Too bad the pipes are still controlled by the cartel,
With no network neutrality things can get bad.
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The cable companies and movie makers have basically all decided to make their own shitty services that unless you're the kind of person who literally watches stuff from maybe 1-2 different media corporations basically ends up being cable all over again.
ISP Costs + Hulu (which still shows ads unless you pay even more) + Netflix + Any particular movie channel + Amazon + etc etc doesn't really end up adding up to much less than a larger cable package, and it sure as fuck won't stay that way as all these monstrously huge companies consolidate. They're going to get their pound of flesh from you one way or another.
The kind of nerd that gets particularly owned in this are anime nerds. Anime streaming is getting pretty big and due to it being foreign media and due to how fans consume it (fans of anything popular are used to basically simultaneous sub releases, and some distributors are now doing simuldubs) all the streaming services snap up exclusive rights because they end up paying for the subbing/dubbing. That's before you get to how insanely bad most of the services are at handling it.
Netflix has no idea what anime even is apparently or what people who watch new series want because they'll literally squat on a series until the whole run is over (meaning months late) so they can do the Netflix thing where they release the entire series at once. Crunchyroll despite being staffed almost entirely by former fansubbers and former pirates cannot provide a consistent quality product- their servers fall over when they get anything really popular, their encoding is shit (shocking among weeb pirates, who are the only people on earth who give a shit about crazy high-quality video encoding), and the website/player's feature set is straight out of 2001. Amazon tried charging even more money over their standard streaming fee and their interface is fucking garbage.
grow up and stop watching foreign cartoons just because there are boobies in them, you pervert.
the lower your IQ the more you tend to pay overall for tv, internet, bundles, etc. Rome had their coliseums - we have our "cord cutters" - entertainment is still entertainment.
nothing to see here - move along
And this is why I hate these companies (ok just one reason). AT&T is my only choice for wired internet. Go to uverse website. 3 options, all bundles, all trial prices, all with forced HBO trials. Scroll down to bottom of page and click "High Speed Internet". 3 new offers, all bundles. Select "UVerse Internet". 3 bundle offers. Select "Fiber Internet", 3 more bundle offers. So basically they want me to sign up for 3 months of a fixed price to a service that I mostly don't want, and after that charge me $26 extra for HBO which I bet they'll likely have some kind of "problem" cancelling, and then after 12 months basically they'll just charge me whatever they want to charge me and if I don't pay they'll send it to collections where some random guy with a heavy accent will call me every couple hours asking for my credit card info. Actually it wouldn't surprise me if this happens before the trail period is up.
So yea, I'm thinking that's probably still a no for me.
It's not cord cutting, it's just tying a new cord. Death to network TV and all hail your new Netflix/Youtube masters!
When all you have is a hammer, every problem starts to look like a thumb.
I'm not buying it, as in I don't believe that this is a true representation of where the market is headed. I'm sure the cable companies would like it to go this way but my experience is that streaming TV bundles like Sling TV are not better then cable with a DVR.
The people have already spoken with the huge number of Netflix subscribers. We like to pick a show and watch that show without commercials. Live events can be streamed through YouTube, Facebook or ESPN. I don't want a bundle of streamed "channels" with predetermined shows with commercials, that I can't skip, for twice the money. Netflix, Hulu+ (no commercials), YouTube, HBO Now, and Amazon Prime Video seem to be the future. Everyone else will be left behind.
This to me seems like another lowball estimate from an industry that doesn't seem to have an appreciation for how fast things change nowadays.
I would expect this to be somewhere much closer to 50% based on what I see. Every person I know under 40 cut the cord a long time ago. The only people who hold out are sports junkies, and even they are dropping like flies now that you can get legal season pass streaming options for some of these.
UBS is a large Swiss bank, and an investment powerhouse. There's nothing American about them. You'd have to be living under a rock not to know who they are.
Unfortunately I don't work in the banking and investment industry, so no, I honestly haven't heard about them. What does a bank have to do with TV watching habits? It seems somewhat non-intuitive to look for bank names in the context of this article.
-=This sig has nothing to do with my comment. Move along now=-
Did that raccoon report that? :P
Ant(Dude) @ Quality Foraged Links (AQFL.net) & The Ant Farm (antfarm.ma.cx / antfarm.home.dhs.org).
Does this particular divination state assumptions about cashwidth? (Netola? Information toll highway?)
Take off, every Hoser
Well, part of their business is to provide investment services and advice, and this involves market analytics. They're betting the cable companies are going to continue to lose their grasp on eyeballs. It's more or less saying, "FWIW we think the cable TV companies aren't going to be losing eyeballs to streaming services at least this fast - consider that when deciding where to invest your money."