Interesting story about technology and the economy: vast numbers of people are canceling their cable television service, opting to get their TV with old-fashioned antennas instead. Rising cable rates and the ever-increasing need to cut back on expenses is one reason. So is this: a lot of folks are now turning to broadband Internet - either through pay services like iTunes or bittorrent downloads - to get their fix of the shows that they like. Netflix's popularity is also considered a factor in the decrease for cable TV.
I could easily see this trend continuing, and into some potentially very interesting new territory over the next several years. Like, f'rinstance: a group of video bloggers, armed with inexpensive equipment and bleeding-edge Internet bandwidth, setting up a live operation on par with anything Fox News and CNN is doing.
Don't think it can't happen.
