Monday, November 5, 2018

Will Streaming TV Result in the End of Cable TV?

Technology has a way of increasing efficiency while lowering cost, and in many ways reducing the need for human labor.  Streaming TV (aka Internet TV) uses the internet to deliver programming to devices like laptops. Since many homes today already subscribe to internet service, the addition of a TV service provider becomes simplified. TV shows are streamed to your computer. However, a low-cost receiving device, like Chromecast can transmit the signal wirelessly to your home TV. All service activations take place by the interested subscriber over the internet; no installer comes to your home, and no antenna or other equipment is needed.

Costs range from free to about $75 per month, depending on the number of channels provided and the amount of advertising. This cost is signifacantly less than cable or satellite providers. Many providers are available including Sling TV, Hulu, YouTube TV, Philo TV, HBO Now. Pluto TV and others.

As the transition to less expensive streaming TV increases, cable and satellite TV subscriptions are sure to decline. Employees of these and related services will be faced with the loss of employment.

No comments:

Post a Comment