About 200,000 people completely cancelled their cable last quarter, choosing Netflix, Hulu and other Internet alternatives over the more expensive and less flexible alternative.
This is a clear example of competition in action: the Internet services are cheaper and better than the lame and expensive OnDemand offerings of the cable companies. My concern is that the cable companies that are losing TV subscribers are also the main Internet providers. Comcast already caps their subscribers at 250GB/month, which isn’t really enough if you’re a serious HD streamer. In my area, Time/Warner has introduced higher speed offerings at a higher price. They’re not competitive with the rest of the world, but at least they’re not resorting to outright caps, yet.
I’ll probably be a cord cutter in a month or so. Right now, I’m looking for the right hardware/software combo that will let me DVR shows in high def from an antenna, as well as show Netflix, Hulu and the rest of them.