Jul 1
2024
A lot of people are cutting the cable chord
The cable TV business is starting to implode. The decline started in 2014 and is gaining speed. This chart tells it all. Cable’s decline has implications for local TV news, as retransmission fees paid by cable providers are a major source of revenue for stations. Newscasts here in Buffalo have lost one-third of their audience since 2019. It’s part of a national trend. In 2018, 41 percent of Americans surveyed by Pew Research said they preferred television news over other sources. That number today is 32 percent. People prefer online sources, 48 percent. Printed newspapers and radio trail badly, with[...]