A couple weeks ago, I promised to report back with news of the FCC’s big vote.
You’ll recall that the FCC wants to replace your “cable box” with an app on your smartphone. This would effectively kill the monopoly enjoyed by Comcast and Time Warner.
Unfortunately, I can’t pronounce the cable companies dead today.
The FCC delayed its vote.
The vote, originally scheduled to take place on Thursday [Sept. 28] as part of the commission’s monthly meeting, has been postponed indefinitely as the government agency works to iron out details amid intense pushback from cable providers, media companies and politicians. — CNN
The agency is optimistic that a vote will be cast “within the next couple weeks,” yet there is “no deadline” on the books.
But that won’t stop us!
We just deconstructed and evaluated the entire cable TV/broadcasting industry.
Below you’ll find the biggest winners (and losers) over the next 12 months.
So place your bets, stat!
Comcast’s Last Laugh
As streaming content takes over, who will reign victorious in the entire cable TV/broadcasting industry?
You might be surprised, but it’s the cable companies themselves.
Let me explain…
Netflix (NFLX) and Amazon (AMZN) wow their audiences by streaming high-end original TV series featuring big-time talent.
Sure, they’ve stolen millions of paid cable TV subscribers over the last decade.
But under the cover of darkness, cable companies have been working hard in the background with one goal in mind…
The end of net neutrality.
If you’re unfamiliar, net neutrality is the basic principle that internet service providers must treat all Internet data as the same — regardless of its source or destination.
And as you know, many cable companies also double as internet service providers.
Without the neutrality rule, cable companies will have the freedom to charge you more for websites that require more ISP bandwidth like Amazon and Netflix.