Netflix, Amazon have the Satellite and Cable Industry on ‘Death Watch’!
Video killed the radio star and the internet is killing broadcast television.
Millions are getting rid of high prices and endless commercials and trading them in for endless choices via online entertainment like Amazon, Netflix, Hulu and a number of other on-demand venues.
Cable and satellite lost a net 566,000 subscribers last quarter, the second biggest drop in pay TV customers in history. They lost almost a million in the last six months.
Over the last few years, millions have eliminated the expensive cable and satellite bill, the zillions of channels they never watch, the 20 minutes per hour of commercials, and the inconvenience of having to watch what they decide you get to watch and when.
They are either buying smart TV’s or hooking PC’s, ROKU boxes, and other devices to the television and watching all kinds of streaming content. They are watching what they want, when they want, commercial free, for pennies on the dollar for the price of regular broadcast TV.
Netflix averages $10 a month. Amazon Prime costs $99 a year, but comes with the bonus of discounts and shipping savings + on Amazon purchases and pays for itself quickly.
The networks all broadcast their shows via their websites. YouTube, and a number of other online video sources also have movies and television available. The major sports leagues also have access to sporting events, however there is often a further small charge.
Yet, at the same time, cable and satellite continue to charge high prices. They often advertise a low monthly rate, only for the bill to arrive in the mail with many extra added fees.
Most people end up paying between $100-150 for cable or satellite, yet in reality, only watch a small handful of the hundreds of channels they are paying for.
John Nolte at Breitbart calls it, “The largest swindle big business ever played on the American people!” The cable and satellite companies have been charging customers for hundreds of channels that they never watch for decades.
Nolte goes on to note that the networks get a piece of that bill you pay. Don’t like left leaning MSNBC or CNN? Well you are paying for them with your cable or satellite bill whether you watch them or not. Nearly half of CNN’s revenue comes from this source of revenue.
The math is clear. A few years back, I convinced my Aunt Kathy to cut the cord. She was paying approximately $85 a month for satellite. That comes out to over $1,000 a year. She traded it for a $10 Netflix bill. That of course comes to $120 a year.
Let’s see now, $120 a month versus $1000 a year? That $880 a year savings which bought her a very nice big screen smart TV.
Aunt Kathy’s satellite bill was relatively low. Many people pay closer to $125 a month and more. That is a cost of $1500+ a year!
Time is money!! Aunt Kathy also saves 20 minutes every hour not having to deal with commercials that have been getting increasingly crude and insulting to her intelligence.
When watching a series, like Bones or NCIS, one can watch three episodes in two hours as opposed to the three hours it would take on broadcast TV.
In the words of the immortal Bill Mays, “But there’s more…”
How many times have you ever watched a good series you liked, without missing episodes? If your are like me, finding the time to sit down in front of the TV every Tuesday at 8PM just doesn’t always work out for me.
Not only can you begin a series with the pilot episode and watch clear through to the end, but with Netflix or Amazon, you can host your own marathon! Watch a whole season of your favorite series on a lazy Saturday. (Did I mention with no commercials?)
I would have never been able to watch a decade long series like Kiefer Sutherland’s 24 on a week to week basis. Not only would I have most likely missed a plethora of episodes, I would have had to wait a week between episodes.
Yes, I know, that was the way it has always been done. But there was no comparison to being able to watch a day in the life of Jack Bauer…in a few days instead of a year.
Like Classic Movies? Silent Movies? Horror or Dramas? Bringing online TV into your home is like moving a Blockbuster Video Store into your home! (One reason that Blockbuster declared bankruptcy in 2010 and now has only 51 stores left.)
Newly released movies? Although not quite as simple, still not difficult. Most new titles are available through Netflix’s DVD mail program or at Amazon by paying a small fee per movie to watch online.
With Netflix, it is another $8+ a month, depending on how many discs at a time you would like to have. You then get your discs in the mail and mail them back. When Netflix receives the disc, they mail you another.
Need to keep a disc two weeks while you take it on your trip to Siberia? No problem, send it back when you are done, no late fee…ever!
“But that’s not all…”
Online TV has another great perk! Electronic devices! Sitting for a three hour layover at the airport? With a smartphone, tablet or even your laptop, you can take your Netflix and Amazon anywhere and watch your favorite series or a great movie!
This is a perk that satellite and cable companies seem to refuse to offer! (While you spend all that money for their service and watch their commercials.)
While you can watch Amazon or Netflix on your smartphone or IPad, anywhere, most satellite and cable companies cut you off on your device once you leave your house and/or their internet access.
Why? No clue! Either because of stupid FCC regulations or stupidity on the part of some corporate buffoon. Whatever the reason, you cannot take your Time Warner (and the commercials) with you on your device, not even down the street!
The evidence is clear!
In a side by side comparison of price, selection, variety, ease of use, and a plethora of other issues, Online TV beats out Cable and Satellite a million to one!
Each year, many more “cut the cord” and I expect those numbers to rise exponentially over the next few years. Aunt Kathy and I will leave the commercials, extremely high prices and inconvenience of satellite and cable in a box in the garage with the 8-track player!