Perhaps no one deserves more credit for threatening the old TV business model than Netflix Chief Executive Officer Reed Hastings. As the driving force behind the world’s largest streaming video service, with about 130 million subscribers, he’s taught consumers to expect an abundance of old and new shows and movies, without the irritation of commercial interruptions, for just $8 a month.
First, the best TV moved from networks to cable. Now a similar transition is moving top talent from cable to the streaming world. Netflix ($8.99 per month for HD streaming) has House of Cards, Orange Is the New Black, and Unbreakable Kimmy Schmidt—all of which have received almost universal acclaim—and Amazon ($99 per year for video and a variety of other services) isn’t too far behind with comedy Alpha House, crime drama Bosch, and the Golden Globe-winning Transparent.
What you get: The Hulu with Live TV service offers about 50 channels, including major networks in some areas and sports channels such as CBS Sports, ESPN, and Fox Sports. You can watch on two devices at a time and record 50 hours on a cloud DVR. You can pay extra for more users and extra DVR storage, and the option to skip commercials. Hulu now also offers a combined plan, priced at $13 per month, that bundles a Spotify subscription with Hulu’s entry-level on-demand service.
Navigate Computer With Mouse & Keyboard: You connect your computer to the HDTV (for the big screen) and then proceed to go to your favorite websites like hulu.com, Netflix and others (see some options above) to view your shows. You can use the Hulu Desktop application. You can also watch shows that you've downloaded from Amazon, Itunes or other online video sources – or your own videos. You will most likely need a wireless keyboard and mouse to make this easy – although it isn't required.
YouTube TV. YouTube's cable-over-internet service has a great interface for channel browsing and excellent video quality. It also ranks up there with PlayStation Vue and DirecTV Now when it comes to local channel support. A big bonus of YouTube TV is the ability to use it with up to five separate YouTube accounts within the same household. This includes roommates or family. It also offers free DVR with unlimited storage.
Two of the biggest providers of skinny channel bundles are satellite TV companies Dish Network (Sling TV) and AT&T's DirecTV (DirecTV Now). It seems crazy to consider Sling TV and DirecTV clients to have "cut the cord" since pay-TV companies are continuing to make money off them. Analysts at eMarketer, however, take the opposite view, as do other experts.
The Internet is your friend. As long as you have an internet connection, you can still watch some television. Many of the TV networks post videos of their shows on their websites which are available to watch for free. There are a number of other websites which provide hundreds of television series links, and allow you to browse the shows and watch all from their website. Some of the sites provide the service for free, while others charge a few bucks a month to users but either way, you’re going to save a lot of money compared to your existing cable bill.
Many broadband providers require a cable modem with DOCSIS 3.0 so if you decide to go for a used modem, be sure you’re getting one that’s recent enough to be compatible with your local broadband provider. Your cable modem is the foundation of your Internet connection. Somehow, the importance of it is often overlooked by many people. There’s another building block also often overlooked, but worth re-visiting if you are entering the land of cord cutting.
Amazon Prime Video subscribers should look over what HBO content is already in your membership. There are already full seasons of older, but popular shows like “The Wire” included in your Prime Video subscription. There are plenty of other ways to subscribe to HBO. You can get HBO added to Amazon Channels or a Sling TV subscription, but you’re paying $15 per month in either case. So before you start binging on Game of Thrones, shop around and see what you can get.
The question of "when does it make sense?" can easily be rephrased as "how much money can I save?" and one of the biggest factors will be the price difference between combined internet and TV service or just internet. These are also the options that vary the most widely based on where you live, and the availability of promotions or contracts that can keep prices down for a short time.