Quote:
Originally Posted by PepsiFree
Not as fast as you think. CDs, for example, are still the most popular and most profitable way to sell an album. Even with Spotify and Apple Music, the CD remains king.
Why? Because people don't like change. Cliff is right, cable is not dying anytime soon. It's experiencing a natural downturn because of streaming, but it won't die for at least a decade.
Unfortunately, the death of cable means the death of TV contracts, which means a negative impact for the NHL, and likely a negative impact for the viewer. The Rogers deal alone makes the NHL significantly more money than they could possibly make with their own paid streaming service.
|
CD revenues have fallen from 9.5 billion to 1.5 billion since 2006. In 2015, CDs accounted for 1.5 billion of the 7 billion of total revenue.
http://www.nytimes.com/2016/03/25/bu...line.html?_r=0
If cable sports sees anywhere near that decline over 10 years, it is going to be a big deal.