Decline of Cable TV and Streaming Services
Millions of Americans are canceling cable TV, but streaming TV is not seeing significant growth. Hollywood may be targeting new customers through streaming services. Content quality is seen as a major factor in the decline of traditional TV and streaming services.
Key Points
- Cable TV losing subscribers and streaming services not experiencing significant growth
- Potential impact of content quality on viewer retention
- Availability of free streaming options impacting paid subscriptions
Pros
- Consumers have access to a variety of free streaming platforms
- Potential shift in focus towards better quality content by streaming services
Cons
- Loss of traditional cable TV subscribers
- Streaming services facing subscriber churn and plateauing growth