Poverty, Not Online Streaming, Reducing Cable Subscriptions

Cablevision

Cablevision

Despite massive growth in online video watching, most U.S. households are still paying for television. The loss of cable subscribers is not due to Internet streaming, but may be more closely linked to the economy. Increased poverty and a reduction in new homeowners are taking its toll on TV subscriptions. Read the full article at NYTimes.com

Author:

Shelly Palmer

Shelly Palmer is Fox 5 New York's On-air Tech Expert (WNYW-TV) and the host of Fox Television's monthly show Shelly Palmer Digital Living. He also hosts United Stations Radio Network's, Shelly Palmer Digital Living Daily, a daily syndicated radio report that features insightful commentary and a unique insiders take on the biggest stories in technology, media, and entertainment. He is Managing Director of Advanced Media Ventures Group, LLC an industry-leading advisory and business development firm and a member of the Executive Committee of the National Academy of Television Arts & Sciences (the organization that bestows the coveted Emmy® Awards).

  • Hollywood5459

    As my grandmother would have said, “Doff gain 6 colleges?” Go ahead, try to afford $200 per month out of your net income when your gross is less than $25,000. Then try it at minimum wage. This problem is not going to get better. Staple food prices are rising quicker than imagined and are taking a bigger bite out of family expenses and cable costs can be expendable.