Media for Consumers are Cutting the Cord to Gain Choices and Pay Less

Consumers are Cutting the Cord to Gain Choices and Pay Less

Congress and the FCC can help consumers have more broadband options as they choose online services over cable TV.

In recent years, a lot of media and telecommunications executives dismissed the idea that Americans would stop subscribing to cable and satellite TV services. But the cord-cutting phenomenon can no longer be ignored.

American cable and satellite companies collectively lost more than

600,000 subscribers in the second quarter of this year, the biggest decline the industry has ever seen. Analysts expect the trend to accelerate as more people replace cable with Internet-based services like Netflix, HBO Now and Amazon, which are much cheaper than the traditional TV package offered by companies like Comcast and DirecTV.

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***** Moderator's Note *****

The one thing I don't get is how people can stand the lower bandwidths that over-the-air Internet offers. There's no way that cellular 3,4,

5, or "N"-G pipes can replace cable when it comes to carrying capacity.

Bill Horne Moderator