People used to be completely reliant on broadcast or cable television for their everyday entertainment needs. Now, people are ditching cable TV due to its ever-increasing costs. The situation has completely shifted in the intervening moments. We lead a frantic existence. We are unable to take time out of our busy schedules to watch popular cable television series.
But this is not only happening in this industry, since other ones like gaming are also following the same trend as players are switching to online platforms and streaming sites, especially when it comes to casinos. Before this big switch in this industry, you would have found individuals trying out their luck in casinos, however, everyone prefers playing online through providers like Vegas Slots Online nowadays. With easy access to thousands of slots between classic slots with 3-5 reels and the video slots with bonuses and 3-5-7 reels, blackjack or jackpot for free or with real money with the best bonus and promotions. Also these games can be played anywhere because their optimization in different devices.
Streaming services have become more popular among customers for a variety of reasons. As more and more individuals give up cable television, the cord-cutting movement is gathering pace. Nevertheless, cable companies are still providing excellent service to prospective consumers. You may binge-watch your favourite programs on a wide range of channels in the channel line-ups.
Below, we’ll examine all of the factors contributing to the explosive growth of video streaming.
1. Cable TV costs are too expensive.
With the passage of time, cable TV has become completely out of reach for the average person. They are enticed into signing up for a promotional cable package by the providers. These discounted prices are valid for a period of one or two years only. A 20% to 30% increase in price is typical once the promotional period comes to an end. Because of this, they are no longer accessible. In addition to your monthly cost, you’ll have to pay other fees. Cable box rental and other fees and surcharges, as well as taxes, are all part of your monthly expenses. After taxes, you may expect to pay at least $80 for a basic TV package. Your monthly payment for both services is close to $130 when internet rates are included. This figure is out of reach for many people.
2. The cost of online video streaming has come down significantly.
There are tons of online video streaming options to choose from, and as it’s said in CherishSisters, one of them is Netflix . It costs only $14 a month to use the service with the basic package. Let’s imagine that you use three separate services to watch all of your favourite binge-worthy series and movies. Even if its monthly cost is $50, you will still save money. Compared to the cost of cable TV, this is a really reasonable alternative. There aren’t any additional costs on top of the price. Cable boxes are not included in your monthly service fee. Consequently, video streaming has become more popular.
3. The triumph of binge-watching!
There is a lot to be gained from video streaming. All of your favourite programs can be streamed without interruption. A wide variety of choices are available, and it is totally up to you when and how to view them. Streaming video organizations have begun to offer live TV channels in addition to famous TV series and movies. In order to catch up on your favourite shows, you don’t need a cable subscription.
4. There aren’t any agreements to sign.
You must sign a contract when you sign up for cable TV. This agreement is for a period of a year or two. There is an early termination charge if you terminate your subscription before the contract period has expired. Depending on the service, this charge might vary considerably. As a result, cable TV is a major nuisance. Conversely, as Forbes has said, video streaming has no commitments. Even if you decide to stop using the services, there will be no penalty for cancelling early.
The Count Is In.
The video streaming services can be scaled up or down as needed. Users may pick the services and features they want in the plan. Rather than paying for services they don’t use, customers may only pay for the things they want to access. So, now you know why video streaming is the current talk of the town!