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US pay-TV subscriber base eroding at record pace
(www.lightreading.com)
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this post was submitted on 05 Jan 2024
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Because content owners don't need cable providers to stream over the internet.
HBO doesn't need Comcast for streaming, they can (and do) stream themselves with HBO Go.
That’s the main issue here. There used to be a law that studios were not allowed to own movie theaters and so they had to open their movies to be purchased or leased by other distributors. Now, that law is gone and this is why we’re screwed.