Is the cable industry dying?
Time was, people ditched their cable TV packages by cutting the cord so they could save money by going all-in on streaming. Leichtman Research Group estimates that the number of cable cord-cutters in the first quarter was close to 2 million.
Moreover, do smart tvs become obsolete?
While a smart TV may become obsolete after a few years, you can easily replace your streaming device or take it with you to a new TV. Also, what company will replace cable?
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- What is an example of a cyclical industry?
The automotive, construction, heavy equipment, and airline industries are examples of this. Cyclical industries are prone to bankruptcy if they don't have the cash or strong balance sheets necessary to weather a long recession.
- How can I get rid of cable and still watch TV?
Replacing your cable box with a live TV streaming service is the best option. Each offers a package of live channels you can watch on a streaming app that, with a bit of a learning curve, works just as well as a cable box.
- How do I get rid of cable and still watch TV?
You can get rid of cable by using streaming channels. Most people have heard of some of the big streaming channels, like Disney+. There are hundreds of streaming channels in 2021.
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- What will replace cable TV in the future?