Most small Cable TV companies plan to shut down TV service in 2024

[lukesams]

The way I see it, cable TV is on life support at this rate.

Most Small Cable TV Companies Will Shut Down in 2024 | Cord Cutters News

Over the last month, four cable TV companies announced they will shut down TV service. Later this month, a fifth will complete the shutdown of their TV service. According to reports, many smaller cable TV companies are struggling to stay profitable, with expensive TV costs affecting the bottom...

cordcuttersnews.com

 

[Don CT]

Do these companies offer broadband?

 

[ftballfan]

Do these companies offer broadband?

If I had to guess, many if not most of them do offer broadband. Some may also offer telephone.

 

[wadio]

"Now, industry insiders tell Cord Cutters News that most SMALL cable TV companies will shut down their TV services in 2024 and beyond as TV becomes unprofitable in the face of streaming."

That's different from most.

 

[Mikey Radio]

The folks l feel most badly for are those who are elderly or not technical at all. Cable was/is pretty fool-proof. you connect the cable box to your TV and the CATV system, plug it in and voila! it works. If no, at least the larger providers send a tech to your home or business, usually quickly, to help diagnose if phone support can't get you through it. While some streaming units and systems are pretty solid, others are not as intuative and aside from maybe Geek Squad, its not always easy for those who are older or technically challenged to get help or support.

 

[PTBoardOp93]

I find this hard to believe in general -- and Cord Cutters News hasn't been the most reliable source in the past.

I find it hard to extrapolate from a few isolated incidents to the hundreds (if not thousands) of small providers that exist around the country.

 

[Gregg.]

I think the title of this article is exaggerated. "Most" small cable companies are not shutting their TV service down. The article cites four that will do this. That means scores of small cable companies are NOT shutting their TV service. And I'm sure a larger service will quickly offer to take over a region that loses their local cable service.

Even if they don't make much from their TV service, cable companies package TV with their internet and cell phone business. It's like your supermarket putting Corned Beef on sale for St. Patrick's Day, knowing you'll do your other shopping there while buying your brisket.

Cord cutting is increasing. I'd say a third of my friends have decided to either go without cable or go with a reduced plan. So they will pay less while they still get a clear picture on their local channels as well as the big non-subscription services, such as CNN, ESPN, Food, HGTV, etc.