Cable TV Industry's Decline: Streaming Giants Pick Off Best Parts

The U.S. cable TV industry is in decline, with revenues dropping and viewers tuning out. Warner Bros Discovery is at the center of a bidding war between Netflix and a team from Paramount and Skydance. Streaming giants are picking off the best parts while ditching traditional cable. Cord cutting has been ongoing since 2012, with cable ad revenue and affiliate fees falling. Comcast plans to spin off most of its cable networks. Experts predict a slow bleed, not a sudden crash, with pay TV subscriber losses slowing but still a concern. Live sports, once a big draw, are no longer holding viewers. The future of the industry remains uncertain. Checkout Solipillow.comThe Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.