Cable television becoming irrelevant

netflix-movies-expiring-jan-2014

My classmate Cobie Damsel’s blog post about the impact Netflix has on cable companies really opened my eyes. I haven’t been realizing how much more I was watching shows online rather than buying DVDs or on my television.  The low cost of Netflix and its convenience are salient reasons why they are so successful as a disruptive innovator, causing Shaw and Rogers to lose “nearly 200,000 cable subscribers in the past year.”

One of my favorite things about Netflix is the convenience it offers. As mentioned by Cobie, why would anyone spend money and time buying DVDs when Netflix is available anytime for a low cost of $8 a month? Furthermore, to catch an episode of your favourite show, one would have to wait for a certain time for it to play. With Netflix, one can watch it anytime. Established companies such as Shaw and Rogers are quickly losing customers to this fast growing company.
Because of Netflix’s low cost and the convenience it offers, it is preferable by many to watching classic television. Cable television is already losing its relevance, and might face becoming outdated. As I finish writing this, I think I’ll go watch some How I Met Your Mother on Netflix.

http://www.huffingtonpost.ca/2014/10/27/cord-cutting-netflix-cable-subscriptions_n_6053474.html?utm_hp_ref=canada-business

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