The way that most people watch their favorite TV programs is much different than a decade ago. Thanks to Netflix, Hulu and easy access to pirating television shows, TV will be dead in no time, much like cassette tapes or VCRs.
If you read articles online, there are many saying how economists predict the end of cable or dish television. Other articles say that television is just evolving:
"In essence, television is not dying so much as it is evolving into an all-encompassing video category, one that includes content streamed over the internet on computers and mobile devices, as well as shows accessed on-demand via set-top cable boxes and connected TVs" (Aaron Taube, Business Insider)
So television is not really dying the modes of viewing television is dying. Dish and Direct TV are the ones that should be worried. Along with cable companies like Comcast and Charter.
Investors in these companies are going to see this and start selling their shares before they go all the way "down with the ship". This makes this a very slippery slope for these companies.
In fact Cable TV recently topped The Wall Street Journal’s “10 things not to buy” list as far as stocks
Comcast is well aware of this and tried to merge with Time Warner, who will be likely to survive this technology "ice burg" with online streaming possibilities.
See ya Satellite TV!
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