The Shift from Cable TV to Streaming Services
Actor Edward Norton predicts the death of cable TV and the rise of streaming services, especially Netflix, due to the shift in viewer habits and the merit-based nature of streaming content. The article discusses how cable TV's decline will impact the entertainment business and highlights the profitability of Netflix compared to other streaming services.
Key Points
- Viewer habits are shifting towards on-demand streaming
- Merit-based content is crucial for the success of streaming platforms
- Netflix's standalone model contributes to its profitability
Pros
- Shift to on-demand viewing
- Merit-based content on streaming platforms
- Netflix's profitability due to its standalone nature
Cons
- Impact on traditional cable TV providers
- Challenges for other streaming services in generating profit