Comment Cable appears to be a stable equilibrium (Score 4, Interesting) 25
I happen to be old-ish, so I have seen this game play out before. And good God, does history rhyme! In the early 80s, when the parents of a friend got Cable, I was mesmerized. A million channels and no commercials! And it wasn't even that expensive. Then, as time wore on and we also eventually got cable a few things happened:
1. Commercials became common except for "premium" channels you paid extra for.
2. The price went up quickly because you started to pay for things (like sports programming) that you didn't care about.
So along came Netflix. For a shining moment there was loads of excellent programming available at reasonable cost. Then the imitators came along because everyone wanted their own service to set up a walled garden and get that sweet, sweet monthly subscriber vig. And at first it was great except, over a couple of years:
1. Commercials became common across services (unless you paid for a "premium" tier). And services you got for "free", such as Amazon Prime, began showing a lot of commercials. Youtube turns the screws on the remaining audience not using an ad blocker.
2. Price increases go nuts. Services raising prices yearly well beyond the price of inflation. In large part because of making everyone pay for expensive programming (e.g. sports) that not everyone cares about.
So we have reinvented cable! Yay?
When I was a broke grad student in the late 90s I stopped watching TV because I couldn't afford cable. It became a good habit and I didn't watch anything until a few years ago when I got a free trial of Apple TV. I don't watch much, but I do pay for Apple and Disney and I'm starting to feel like it may be time to walk away again (but I'll keep Disney for the kiddos).