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Considering Cord-Cutting? Companies Consider Consolidation as Cable Costs Continue to Climb

August 22, 2022 by Jeff Lewis

Have you cut the cord and gone to streaming services for cable and TV service? Many Americans have, and many of the biggest players could be making moves to consolidate. WRCR market analyst Ken Mahoney of Mahoney Asset Management in Chestnut Ridge says Disney+, Netflix, AppleTV+, YouTube TV, Paramount+, Hulu and others are likely to devour each other over time…

And Mahoney says some spend more money as a result. Services like Netflix have lost subscribers of late while Paramount+ has gained. Others are considering adding advertising to their platforms, just as cable did decades ago.

Filed Under: News

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