Post by Columnist Anthony Rivieccio
Well, after two weeks ago writing an article (Part 1) encouraging and sharing with you FREE internet sites to watch your: News, TV shows , Sports and Movies (of which makes up today’s TV); NOW, ESPN, HBO & CBS have announced that they will have by 2015- a stand alone internet channel- which can be paid my monthly subscription.
Now, while we still advocate for FREE TV, one can now see “a la carte” Cable pricing in the next couple of years, which could really cut prices , maybe as much as 50-70% , depending on your TV consumption.
So for example, if the 3 channels above let’s say are the only ones you really watch- then this is your 2015 monthly stand alone internet TV billing!
*ESPN- $20 a month
*HBO- $10 a month
*CBS- $5 a month
Now, for $35 a month for “internet TV” you think the Cable TV guys, like Cablevision, Time Warner & Comcast are not nervous?
World Wrestling Entertainment (WWE) produces their wrestling show “Monday Night RAW” on Cable TV. 1.8 million viewers watch it. Several months ago, they debut their “internet TV” channel, WWE Network at $10 a month. 800,000 viewers have signed on.
No, not today, BUT, at current numbers, in 5 to 8 years, the WWE can tell Cable TV goodbye!
Now, will it get rid of the FREE internet sites that are out there now (ex- Hulu- for TV shows-)? In 8 years, YES!
So, as people (I’m included) who believe in consumer “frugal” based personal finance, do we just allow to wait for the next 5 years, and let the free market lower TV entertainment prices and accept them and move on, knowing we can be saving as much as 50% more a month.
Or , as we said in Part 1, if you have a solid internet connection and don’t mind a “5 second lag”, should you change your consumption tastes to “internet tv” knowing that you can get your : News, TV shows, Movies &Sports for FREE?
Like the latter! We do too!
Anthony Rivieccio is the founder & The CEO of The Financial Advisors Group, celebrating their 18th year as a fee only financial planning firm specializing in solving one’s financial problems. Anthony has been a recognized financial expert since 1986. He has been seen, heard or read by many national and local media outlets including: Klipingers Personal Finance Magazine, The New York Post, News12 The Bronx, Bloomberg News Radio, Bronxnet Channel 67 TV, The Norwood News, The West Side Manhattan Gazette, Labor Press Magazine, Financial Planning Magazine, WINS1010 Radio, The Bronx News newspaper and this publication.
Anthony can be reached at 347.575.5045
All opinions expressed by Editorialists & Columnists on this website are solely their own opinions and do not necessarily reflect the opinions of The Bronx Chronicle. You should not treat any opinion expressed as a specific inducement to make a particular investment or follow a particular strategy, but only as an expression of opinion.
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