Even in a recession, consumers like to escape by watching their favorite TV shows but if you pay your cable bill regularly, you may notice a 5% increase, according to American Consumer News
Why the increase? It’s actually due to several factors. Networks are advertising less and cable television providers face competition from satellite technology, like high-definition television and on-demand programming. Add in the fact that most cable shows are offered for free online on sites like hulu.com and network sites, has also become an issue. That’s lost revenue for the cable company.
On a flip side, TV shows on cable networks like NBC, CBS and ABC base their survival on how many viewers watch their shows live and with more consumers watching online, it hurts their ratings and the networks in turn, get less advertising.
It’s not a good cycle.
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