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Cable TV's collapse deepens: 'It is becoming increasingly clear that there is no longer any floor' (www.businessinsider.com)

submitted 11 months ago by GreenEngineering3475@lemmy.world to c/television@lemmy.world

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[–] acosmichippo@lemmy.world 13 points 11 months ago* (last edited 11 months ago) (1 children)

making content isn't enough anymore, all the content gets pushed out to streaming services because no one younger than millennials want to watch linear TV. Sports and 24 hour news are the only things keeping cable on life support. Sports because cable networks pay out the nose for exclusive rights, which they won't be able to for much longer while bidding against streaming giants like Amazon. And 24 hour news because of the convenience factor to older people and businesses, which I think is also going to die out over time.

So the reality is cable is just a dinosaur media delivery method that IS going to die, it's only a matter of when.

[–] rickyrigatoni@lemm.ee 6 points 11 months ago

Hey. Most of us millenials don't want to watch linear tv either. We can't do that when we're working 3 jobs to make rent.

Angry face but not too angry because I'm not actually angry.