Cable lost 500,000+ subscribers in Q3, thanks to the Web

Cable and Satellite TV lose customers because they are too expensive in the first place, and they keep raising their price every year even though people are losing jobs and living on lower salaries. Rent and food prices also keep going up! Stop trying to take a bigger share of the shrinking pie, darn it!

It doesn't help that customers get locked into long term contracts, so there is nothing they can't just say "frak you" and walk away when the prices go up.

Don't blame Netflix: I've been a loyal Netflix subscriber for years, but I just ditched them, too. I resent being pressured to join their "streaming" revolution by the price raise on the dvd plan. I can't watch streaming movies on my computer: I play games there. Even if I had another window up for movies, it would make my games lag. I like watching movies on my large TV screen. For years I have ordered only 1 or 2 Netflix movies a month. I was not over-using the system. I could be watching movies in the theater for that money. But it was convenient, and I liked returning the movies in the mail instead of schlepping to the video store. But now Netflix has thrown away what made them great just to get in on all the "online" hype.

When everyone is paying more to support Netflix bandwidth, and another company steps in with the service customers used to go to Netflix for (DVDs), Netflix will probably go down in history as one of the biggest business follies ever.
 
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