Is the age of cable TV coming to a conclusion? There is no question that millions are cutting the cord and moving on from cable television.
In fact, the COVID-19 pandemic only accelerated the cable-cutting trend. A record number of households canceled their cable television subscription in 2020.
This comes as no surprise, given the growing number of quality streamers available. Why pay hundreds for cable TV when you can pay a fraction of that amount for Netflix or Hulu? Continue reading for our comprehensive guide on the future of cable television and streaming services.
Why Are People Cutting the Cord?
Initially, households were cutting cable TV to save money. Streaming services like Netflix cost approximately $15 per month. They provide access to a large supply of movies and original TV series content.
Now, compare this to cable TV services that were starting to get expensive. It was easy to see why so many people were making the change.
However, the pendulum is swinging back from a price perspective. While one streaming service is affordable, they all add up. The average person has 4 different streaming services.
Without the discount afforded by a cable TV and internet package, the total price is getting close to what it used to be. For some people with more than 4 streaming services, the price tag is even higher.
Are There Any Downsides to Cutting the Cord?
Streaming services are not infallible from a quality perspective. They often have technical issues and buffering can drive viewers crazy.
For example, online reviews report that many people are having issues with HBO Max loading content. This is not uncommon for any streaming service.
Another issue with streaming services is live sports. The vast majority of streaming services do not offer it. Sports fans are left without a home to watch their favorite rugby game or tennis match.
While streaming services do have customer service, they do not have onsite technicians to troubleshoot issues. When you have a quality issue with cable TV, you search “antenna installers near me” and get it fixed in person.
What Are the Benefits of Switching to Streaming?
Besides potential cost savings, there are a number of other benefits to switching to streaming. For starters, you can watch these applications on more than just a television. You can use your tablet or mobile device to watch original content.
Exclusive content is another benefit of streaming. Services like Netflix, Hulu, and Amazon create their own movies and TV shows now. This content is popular and only available to subscribers.
The Great Streaming vs. Cable Television Debate
There are pros and cons to both options. Although millions are cutting the cord, there are still benefits to keeping your cable TV subscription. Without it, you may not have access to your favorite sports team.
The total price between the two is getting closer to parity. You may want to join a streaming service if you are looking for fresh content as well. If you enjoyed this article about streaming vs. cable television, check out our blog for more great content.