ziggy29
Moderator Emeritus
Broadcasters' woes could spell trouble for free TV - Yahoo! News
IMO, shouldn't be surprising for anyone paying attention. The irony is that the recession that's being blamed has the potential to benefit free over-the-air (OTA) television if more people cut their cable as a cost-cutting move and realize that in the digital age they can get cable- and satellite-quality picture for no subscription fees.
NEW YORK – For more than 60 years, TV stations have broadcast news, sports and entertainment for free and made their money by showing commercials. That might not work much longer.
The business model is unraveling at ABC, CBS, NBC and Fox and the local stations that carry the networks' programming. Cable TV and the Web have fractured the audience for free TV and siphoned its ad dollars. The recession has squeezed advertising further, forcing broadcasters to accelerate their push for new revenue to pay for programming.
IMO, shouldn't be surprising for anyone paying attention. The irony is that the recession that's being blamed has the potential to benefit free over-the-air (OTA) television if more people cut their cable as a cost-cutting move and realize that in the digital age they can get cable- and satellite-quality picture for no subscription fees.