Entertainment spending fell in 2010 – latimes.com.
Interesting piece in the Times on how tech is affecting Hollywood. Every time in the past – whether it was the invention of talkies, the threat of television, VHS, DVD, whatever – the studios have always figured out a way to surmount the obstacle and came out on top.
Who knows about this time. The recording industry is but a shadow of its former self, not being able to adapt to digital sharing. It’s pretty clear that folks are getting used to watching video content on computers and mobile phones – or on that interactive set in a more comfortable setting – the living room, the great room, the bedroom…
I’m glad the situation with the economy was part of the story – I know first-hand, if you’re presently job-challenged, it’s a big stretch to pay that $105 Iphone bill as well as an $80 cable bill every month.
I finally pulled the plug myself on cable when I moved back out to the desert last April. I bought rabbit ears and a converter box and I get the local stations over the air (not that I ever watch… but I did see some of the Rose Parade…) Between Netflix online and Hulu.com, I could pretty much see whatever it was I wanted online at any time. Granted, I’m not a live sports fan and I get my news from reading – so clearly, that would not work for everyone.
Still, I think it’s a trend, and we’ll see more and more people disconnecting their cable and the cable companies reacting, by offering more and more deals. Have you cut back or cut it off? Would you consider life without cable television?
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