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Old 11-06-2010, 01:59 AM
idiotstockinvestor idiotstockinvestor is offline
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Default Internet TV challenges cable for viewers

http://iphone.cbc.ca/canada/ottawa/s...-internet.html

I would say this trend wll grow and never reverse and spells doom for cable and satellite companies in the long run.

More people are getting free digital TV via antenna and FTA satellite than eve before.

Then there is Netflix, Hulu and specialty sites where you can watch TV, movies and shows im high quality.

Even though the supposed reason is the economy why would people go back after seeing the light?

I'd be nervous to have satellite or cable stocks right now and would sell especially if there is profit.
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