Originally Posted by Broncos4Life
Just wondering what proof it is you have that cable companies are on their way out. This not so distant future you speak of is probably what, 30-50 years from now?
I think most poor people know what over the air broadcasting is. And still not everybody can get it. These are people that don't have TVs that are newer than 2007, and can't afford a converter box. I work for a cable company. So I guess I should start looking for another job before my job disappears.
Declining user base, more competition from non-traditional sources, no way to dictate terms because not enough of them own enough of the content.
Netflix's CEO has said his goal is for Netflix to become HBO before HBO becomes Netflix. He outbid them for House of Cards to that end. So if Netflix does hit a few original programming home runs how long can Time Warner keep HBO behind their walled garden while Netflix gains mind share? Amazon is now pursuing more digital content to attack Netflix as well. Hulu Plus exists specifically to try out different business models for content providers.
Eventually content providers will find the right model to sell to their customers directly and take the middleman that is cable/satellite out of the equation for all but the most rural of customers. That model is likely going to arrive within the next several years and its all downhill for cable from there. Middlemen never survive too long, the middleman cable company is about to face that reality.