Tip: You might hear the term 'analog' and 'digital/HDTV' antennas, although there isn't any real difference between them. All antennas operate the same way - however, antennas that are designed to capture both UHF and VHF signals are generally bigger. When choosing an antenna, make sure that it can receive both UHF and VHF signals to ensure you can receive all the channels available.
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!
Video revenue is declining. Last quarter, it dropped about 5 percent from the year-ago quarter, to $82.6 million. But profit margins and earnings before interest, taxes, depreciation and amortization have improved. In the fourth quarter, adjusted EBITDA increased almost 9 percent from last year to $127.6 million. Adjusted EBITDA margin increased 180 basis points (bps) year over year to 47.3 percent -— again, the highest in the industry, Moffett said.
Comcast reported a loss of 275,000 subscribers in the third quarter of 2010, bringing the total for the calendar year to 625,000. The company said most of these losses were not from people leaving for another service. Moffett pointed out that cable companies needed to offer lower-cost packages, but a survey by Strategy Analytics revealed financial considerations were not the primary reason. People were not satisfied with what they could get, and online sources had a wider array of content. The survey showed that 13% of cable subscribers intended to cancel service in the next year. Slightly more than half were under the age of 40, and nearly all had a high school education. Two-thirds had or planned further schooling, and just over half earned at least $50,000 a year.
In March 2010, we got rid of one of Comcast’s “value packages” (what a joke) and reduced to basic cable. We’ve saved $1,000 and will let the $70 monthly savings pile up month after month, year after year. You’d be surprised at how well you can get along without things you don’t really need. Keep paying for things like premium cable TV and you’re likely to end up broke at age 50 and perhaps destitute at age 60.
Step 3: Cancel your pay TV subscription. Even if you are unsure that you have all your shows covered without cable, cancel anyway. Like me, you will realize a lot of the stuff we watch is simply because it’s on. You’ll also discover there is a lot higher quality TV shows are not on traditional TV. Cancel now and start saving today. If you don’t like being a cord cutter, your pay TV company will gladly take you back.