Image via CrunchBaseIt is not that people are saying, oh no, the internet got us addicted to the text, we have no more love for the video format, or that we are cutting down on both French fries and video content.
The demand for TV shows and movies is bigger than ever and growing. So what gives? Why are people in the TV/video/movies business worried? Why are the cable people scared? They are scared because the times, they are a changing. And they are refusing to change with the times.
GigaOm: Big Cable Is Bleeding: 500K+ Subscribers Lost In Q3 deciding instead not to pay for multichannel video services at all .... cable subscribers continue to raise their bills at an incredible rate .... expecting users to pay $125 to $150 a month, and continuing to raise those rates 5 to 10 percent every year, isn’t a sustainable business model
Slate: Will Netflix Destroy the Internet? 10 percent of Canadian Internet users visited Netflix.com in the week after the service launched. And they weren't just visiting—they were signing up and watching a lot of movies. Netflix videos quickly came to dominate broadband lines across Canada, with Netflix subscribers' bandwidth usage doubling that of YouTube users
BusinessWeek: India Outsourcers Feel Unloved in the U.S.
GigaOm: Meet Google’s Evangelist Army