That said, if you want a cable-like experience both at home and on the go without the dead weight that a cable subscription brings, then a streaming service is worth a look. There's no contract to sign, and if you don't like the service you're on, you can easily switch. So whether you're looking for a basic package such as Sling TV or want to pay more for a deluxe experience from the likes of PlayStation Vue, there should be a streaming TV service to suit you.
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Charter Communications (which rebranded as Spectrum after acquiring Time Warner Cable and Bright House in 2016) offers the perfect example of how customers are feeling the pinch. Last quarter, Charter lost 36,000 residential pay-TV subscribers, yet the company’s TV revenues increased by 3.4 percent. In the quarter before that, Charter lost 66,000 subscribers, but still squeezed out a 2.9-percent increase in TV revenues.
By the time you factor in functionality, premium channels, etc., most of these cord cutting options fall short in their ability to even keep up with what Comcast can provide a household. People paying over $200 for cable are also paying for their voice lines as well as their high speed internet, which, mind you, is required to even sustain these cord cutting offerings.
The service that started the cable-replacement trend is still one of the best on the market. Sling TV starts off cheap ($20 per month), and while the cost can balloon quickly, depending on your add-ons, this probably won't happen. That's because Sling TV offers two basic packages of channels (Orange and Blue), then lets viewers pick and choose smaller add-ons, which usually cost $5 per month. From sports to comedy to kids' programming to foreign language channels, Sling TV has a little something for everyone. The service's DVR features are not bad, either.
Cable TV is widely available to U.S. residents, so it's a very popular option. This connection transmits information via an electric current that travels through copper cables buried underground. If cable TV is available in your area, the installation process should be pretty painless, as the infrastructure is already in place. Cable television is a great option for those that don't want to commit to long-term contracts. Some providers like Spectrum offer “no contract” options, but when a contract is required, it's typically shorter than those required for satellite TV. Cable TV plans tend to be more expensive than satellite, and the HD quality isn't as good. However, many providers let you bundle TV with high-speed cable internet to save on your monthly bill!
Not everything is free: Although over-the-air TV reception and many streaming channels are free, there are many streaming channels and services that require a monthly subscription or pay-per-view fee. If you only pay for one or two subscription-based or pay-per-view services, you can save money over cable/satellite. However, if you keep adding more pay services, those fees can add up, and you might again find yourself with a hefty monthly subscription or pay-per-view bill that could rival that old cable/satellite bill.