Why Cable is Declining in Popularity

Not all that long ago, cable TV was pretty much the only thing that allowed you to enjoy yourself in the comfort of your own home. That being said, cable has started to decline quite a bit over the course of the past few years simply because of the fact that they dug their own grave.

You see, cable companies started to become very notorious indeed because of the fact that they were not providing the right kinds of services to the people that were paying for them. The boxes that you go in order to gain access to your cable were very old fashioned indeed, and when you looked in to the various other ways in which you would not get clear cut access to the channels that you might have wanted to enjoy you are going to realize that there are definitely a lot of problems with cable companies in general.

Cable companies basically enjoyed an enormous monopoly which basically meant that they did not have anyone competing against them. Competition breeds innovation. If a corporation does not have any competition then chances are that they are not going to want to invest any money in making their products better because of the fact that they already have a lion’s share of the market without having done that in the first place.

Cable companies now have a lot of competition, however, and it is competition that they are not taking seriously. This competition is basically streaming sites like Netflix who are quickly becoming the wave of the future. Check out http://www.thebaynet.com/articles/1117/howaremediastreamingdevicesreplacingcabletv.html if you want to be able to learn as much as possible about how streaming devices are becoming incredibly popular and are toppling the monopolies of cable companies.