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RE: The Upcoming Death of Cable News

in LeoFinance3 months ago

People hardly bother themselves with getting new from cable channels anymore when social media has taken over the lead. The value of those cables and traditional TVs is dropping very much. It’s a clear sign that traditional TV is on its way out, and those assets might be the only thing holding up the house.

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Agreed. And I think Wall Street is looking at that also. It is a shift and these channels are becoming worthless. The Baby Boomers are keeping them afloat in the US but each day, more than 5K pass on.

Hmm, that's really sad, though. I just hope they get things right back on track soon.