Wow, well done! $38.66 a month for cable probably isn’t MMM-approved frugality, but totally consistent with a “frugal-plus” lifestyle that comes with a 7-figure portfolio. Being a sucker for the different sports events myself, I never intend to cut the cord either. But rattling the cage and threatening to leave every once in a while is something I definitely have to try myself. Thanks for the reminder!
Today, cord cutting is accelerating due to several factors such as the emergence of DVRs for TV antennas, which provides a very cable-like viewing experience, and the existence of streaming services that provide access to the Cable TV shows that are not available from a television antenna, and for a lot less money than what you would typically spend with a pay-TV service.
Up until a couple of years ago I had never paid for cable or satellite tv. I wrote in one post about how I still got all of my favorite shows via streaming alternatives, and how I wasn’t really missing anything by not having cable. I realized after we got cable (at my wife’s behest) that I HAD been missing watching all of my favorite sports teams because for the most part sports is one of the biggest things you can’t really get in all the free streaming options. Now that I’ve had the sports for a couple of years, I’d have a hard time dropping it I think. At the very least, however, we’re making sure to not pay too much for our TV. We just switched from Comcast cable to Dish Network when our promo deal expired and we had to pay $85/month for cable alone. When they wouldn’t droip our rates we switched to Dish Network and got more channels for about $40. I’m sure we’ll have to do the same again in a year or so when our new deal runs out. *sigh. If only all the sports teams streamed their games live for free!
Some seven years ago, we ditched the typical landline phone line. Cut that cord right in two. Being a physician on call about 10 to 12 nights a month, I didn’t want to be without a backup to the cell phone, and we don’t love giving out our cell phone numbers for everything, so we kept our home number. We picked up an Ooma box, ported the number, and have kept that number to this day, despite moving to a new state twice in the interim.
It is obviously much cheaper than cable or satellite, but don’t expect Netflix to serve up the latest episodes of your favorite shows, or recent release movies. Netflix is best for catching up on the shows you missed. That said, Netflix has started producing its own shows and is the only place you can watch them. You can begin your access to Netflix streaming by first comparing the right broadband internet provider or data plan.
What you get: The sports-centric Fubo now offers about 75 channels for the base $45-per-month package, or more than 90 channels with the new $50-per-month Fubo Extra plan. With Fubo you get a mix of live and on-demand channels from broadcast networks (CBS, Fox, and NBC in most markets), cable channels (A&E, Bravo, FX, SyFy, USA), and sports networks (BeIn Sports, FS1, Golf Channel, NBA TV). The company recently reached a deal to add Viacom channels (including BET, CMT, Comedy Central, MTV, Nickelodeon, Paramount Network, TV Land, and VH1) to the base plan, and some additional ones as part of Fubo Extra. You now get Turner channels, too, plus sports programming such as the MLB on TBS and the NBA on TNT. Also in the mix: a robust roster of regional sports networks—including those from NBC, Fox, and Yes—for local-team action, including MLB and NHL games. The service comes with a free cloud DVR that lets you store 30 hours of shows, movies, and games.
What we like about Prime Video is that you can download selected shows and movies to watch offline. There are restrictions however - there's a time limit to how long you can view the content offline, as well as a limitation on the number of titles you can download. If you've reached the maximum number of downloads, you'd have to first delete some of them to free up the quota.
DISH TV has one of the highest customer satisfaction ratings of any TV provider. It scored a perfect 5/5 Power Circle Rating from J.D. Power and this year stole the top spot from DIRECTV. DISH TV also ranks in the top three for customer satisfaction on the 2018 ACSI Telecommunications Report. Customers like DISH TV for its nationwide availability, two-year price guarantee and good channel variety.
Netflix ($7.99/mo., $10.99/mo., $13.99/mo.): What HBO has been to premium cable, Netflix has been to subscription streaming services, offering buzzed-about programming that anyone who wants to be “in the know” regarding contemporary television needs to see. It got a head-start on its competitors by producing must-see original content, and it continues to expand its library every month with new series and movies that generate a lot of buzz. (Think “Orange Is the New Black,” “Stranger Things,” “BoJack Horseman” or “Jessica Jones”) The service has been licensing fewer older TV shows and films in recent years, but it still offers a lot of high-quality product from those realms, including great British television, recent CW and Fox series and a surprisingly healthy amount of contemporary foreign cinema.
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Cable and satellite TV providers aren’t entirely to blame for this trend. The main reason they’re raising prices is because they’re being squeezed by TV networks, which themselves are seeking more money to make up for a shrinking subscriber base. Discovery’s most recent earnings report, for instance, notes that “increases in contractual affiliate rates were offset by a decline in subscribers,” while Disney’s latest report notes that revenue growth for Disney Channels was “due to contractual rate increases, partially offset by a decline in subscribers.” Meanwhile, we’ve seen Comcast force regional NBC sports into basic TV service from small cable providers, and ESPN demand higher prices even as ratings decline.
In March 2019, DirecTV Now became much, much less appealing than it was previously. Not only did corporate owner AT&T jack the price from $40 to $50 per month, it cut numerous key channels, including AMC, Comedy Central, Discovery and HGTV, from its base package. The upside is that HBO is included as part of the price. Getting a standalone HBO Now subscription costs $15 per month, so an increase of $10 to get HBO included is technically a $5 monthly discount. But it locks you into a bundle, just the kind of thing cord cutters want to avoid. On top of that, its DVR and app are a step behind most competitors.