How Big Tech Is Ushering In The Third Wave Of Video Entertainment

“Just as the cable revolution overturned broadcast, the net is destined to become the dominant mode of video, both in terms of transit and programming. The cable industry is seemingly protected by its built-in local monopolies, but as broadband connections proliferate—by now rendering the copper cable connection almost obsolete—the only thing propping up the status quo is a business arrangement that bundles channels together for a steep price. As more people cut the cord—and as smaller bundles become more popular—we will reach a tipping point that sees the collapse of cable.”