Cutting the Cable Cord
Posted by Jesse Ward on Monday, June 1, 2009 · 
·
· 
In a sign of the economic and technological times, and what The Wall Street Journal bills as the “home-entertainment equivalent of severing a landline phone service,” more people are dropping cable service.
Users are substituting with free, over-the-air HD channels and entertainment platforms such as the Playstation 3 and XBox 360. They’re also watching Internet-connected TV sets, utilizing set-top boxes from companies like Netflix Inc., and visiting media Web sites such as YouTube and Hulu.
The Journal admits that the number of cable cord cutters remains too small to threaten the pay-TV industry, but large cable companies such as Comcast Corp. and Time Warner Cable Inc. are noticing that subscribers are spending more time on the Internet.
“The reality is, we’re starting to see the beginnings of cord cutting where people, particularly young people, are saying all I need is broadband,” said Glenn Brit, president and chief executive of Time Warner Cable, during a company earnings call in February.
Related posts: