Netflix is already king of streaming services, and it's well on its way to dominating the entire TV industry.
A study came out yesterday showing that over a third of Netflix subscribers have cut the cord, canceling their cable subscriptions in favor of streaming their TV online. At the same time, cable TV ratings are falling drastically, with viewers favoring originally series like Orange is the New Black and House of Cards.
As a millennial, cable TV isn't something that I care too much about, and I've gotten used to watching Netflix on my computer. What I do care about is $$$$$$$. The study also shows that you can cut the cord and get most of your favorite shows and channels online for almost $20/month less than a cable TV subscription.
The only thing keeping cable TV alive anymore is sports. Once providers figure out the best way to stream these online, I predict cable will be abandoned forever.
The days of watching Reba on ABC Family at 4 in the afternoon will be over, but you'll be able to stream the entire series anytime you want on Netflix. Technology exists to make our lives easier, and isn't that why we love streaming services so much?
I give cable TV about 5-10 more years of popularity before it joins floppy disks, dial-up and landlines in the graveyard of outdated technology.