In recent news, Pay TV is losing a lot of customers which is resulting in cord cutting form a lot of companies. People are turning away from pay services that were traditionally offered through the use of cable and Satellite television. While a lot of those companies are probably reeling from this development. This is something that is to be expected with the internet providing a lot of entertainment. Less people are using satellite services in order to watch some of their favorite shows in this changing climate of entertainment. As technology advances, some services are going to become obsolete.
One of the major factors in people cutting their services is internet services like YouTube, Netflix, Hulu and plenty of other services that offer people the chance to watch some of their favorite shows. Another factor in this is that these services allow people to watch their favorite shows at anytime they want as opposed to having to wait until the next time slot that it airs. People can also binge watch some of their favorite shows at anytime in a similar fashion to marathons. The convenience that people can get from online entertainment goes way beyond the entertainment value that is offered on television. In fact, some of the premium channels are offering similar services where people can watch some of their favorite shows or new shows at anytime they want.
Another factor in the changing industry of television is the cost. A lot of these services are offered at a very low price. Compared to the large amounts of money that come with cable and satellite TV, many people would rather get rid of their pay TV services in order to save money on their entertainment. Companies like DirecTV and Dish Network are faced with the need to adapt with the changing market or else close down. People are enjoying their online streaming services that are being offered to them with the online entertainment services.