Print 47 comment(s) - last by Pastuch.. on Sep 29 at 11:59 AM

The next generation won’t be interested in paying for cable.

"Over the top" appears to be taking over.   A recent survey released by Credit Suisse indicates that over-the-top TV and content delivery options like Netflix, along with Hulu and the Microsoft Xbox 360 are becoming strong contenders in the television viewership market.   

After surveying an estimated 250 Netflix subscribers, Credit Suisse found that nearly 40 percent of Netflix subscribers between the ages of 25 and 34, and almost 30 percent of subscribers between 18 and 24 used Netflix streaming services instead of cable or satellite television.   

At a media conference this week, Verizon CEO Ivan Seidenberg predicted that cable is headed in the same direction as the wire line telephone business, according to
 All Things Digital

"Young people are pretty smart. They’re not going to pay for something they don’t need to,” he said. Seidenburg added that “Over the top" is going to be a big issue in the future for the cable industry. I think cable has some life left in its model… but that it is going to get disintermediated over the next several years."

Comcast CFO Michael Angelakis obviously disagrees.
"When people say there's cord cutting, we really just don't see it," said Angelakis. "And when we think about cord cutting or the flavor of the day, we look at that as primarily competition to our VOD business, not to our core business."

In addition to the rise of over the top play options like Netflix and Hulu, Google TV and Apple's revamped TV service are expected later this year. It is rumored that Amazon may also have plans for a similar product coming soon.

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RE: Don't forget...
By invidious on 9/24/2010 9:40:49 AM , Rating: 1
If you only need to watch sports "one time" then your opinion does not interest me.

RE: Don't forget...
By mcnabney on 9/24/2010 9:45:38 AM , Rating: 2
I use ESPN online all the time. Most of the sports content I watch though is either in person or is broadcast by the local networks that I receive for free OTA.

RE: Don't forget...
By 1reader on 9/24/2010 9:48:03 AM , Rating: 5
If your comments consist of snide dismissals, then your disinterest does not interest me.

RE: Don't forget...
By MozeeToby on 9/24/2010 11:04:32 AM , Rating: 5
And if your comments consist of snide dismissals--- oh blimey I've gone cross eyed.

RE: Don't forget...
By conejo99 on 9/24/2010 10:12:21 AM , Rating: 3
I remove sports channels and shopping channels just so that I don't have to see them as I flip through looking for something to watch. I can live with our mutual disinterest in each others choices.

RE: Don't forget...
By kfonda on 9/24/2010 11:38:12 AM , Rating: 2
I'm a Mets fan, the less I see the better. :-(

"Just wait 'til next year"...(damn, I've been saying that for a really long time)

RE: Don't forget...
By seamonkey79 on 9/24/2010 2:30:47 PM , Rating: 4
Not as long as us Cubs fans...

RE: Don't forget...
By Stoanhart on 9/24/10, Rating: -1
RE: Don't forget...
By Motoman on 9/24/2010 5:40:34 PM , Rating: 4
No one "needs" to watch TV, or movies...ever.

Therefore, your opinion does not interest me.

"Vista runs on Atom ... It's just no one uses it". -- Intel CEO Paul Otellini
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