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Is it better to go with a long term commitment or a “no contract” option? There are pros and cons to both alternatives. Typically, a long-term contract comes at a discounted monthly rate, so that you can save over time. Contracts may also come with perks like free installation, free equipment, or extra premium channels. If you know exactly what service you want and that you'll need cable TV for the next few years, the contract is worth it. However, for those that are unsure of how long they'll want TV service, a no contract option is the way to go. You might end up paying a bit more a month on average, but you'll be able to cancel whenever you want. Many providers will make you pay early termination fees if you decide to cancel your TV service before your contract is up. The easiest way to compare your contract options is to type in your zip code!
One approach is to use one of the cord-cutting “calculators” at sites like The Verge and Slate, which allow users to pick out which services they’re interested in and then tally up your savings relative to cable. These are useful, but they generally don’t take into account a key cord cutting enabler: the ability to purchase shows a la carte through iTunes and Amazon, usually within a day of their original airing. This isn’t new technology—iTunes has been selling television downloads since 2005—but it changes the streaming calculus because it means you can easily and cheaply plug any gaps in whatever bundle of streaming options you choose.
Television manufacturers have been moving toward “smart TVs” that connect to the internet and provide access to Netflix, Hulu, Amazon Prime Video and the like. The selection of apps on these sets vary depending on licensing agreements made between the manufacturers and the O.T.T. services. (O.T.T. is short for “over the top,” a term applied to any streaming media provider to which a consumer can subscribe directly.) Also, not all of them will let you plug in and get a seamless, cable-like TV experience without any other hardware. The technology and interfaces are certain to improve in the years ahead, but for now, for the best results, you’re better off just investing in a set-top box.
Then there's the multistream issue. If you want to watch more than one program at the same time -- for example, on your living room TV and on a bedroom TV, or the main TV and a tablet -- you'll want to make sure the service you're watching has enough simultaneous streams. Some of the least expensive services only allow one stream at a time, and if you try to watch a second, it's blocked.