The decline in cable television may be more noise and irritation than pop culture wave at this point, but it has progressed far enough to start affecting the plans of the television industry.
Word of cable’s decline has reached Wall Street, where analysts
were "flummoxed" by a steep fall in cable network ratings
but nevertheless announced a series of downgrades. Meanwhile in Canada, Shaw’s is trapped in a no-win cycle of price hikes to boost revenue and price promotions to try to slow the loss of subscribers.