It used to be that 90% of Americans had cable TV. Now under 50% still have cable TV. With on demand internet services buying the rights to sports, the last reason for many households keeping cable is vanishing. This has not hurt FoxNews much, because their viewers tend to be older and more conservative, so more likely to keep cable TV. But their viewers are dying. They are beginning to see sinking numbers like the rest of cable TV.
So what is the solution? Most cable TV stations say the solution is to go to on-demand internet services. It is a highly competitive market, but it appears to be their only hope.
FoxNew's website looks like it was designed in 1999, and it is barely used. What is the master plan for survival?
CNN Plus is struggling in its first month... But it is just the first month. Maybe it will succeed, or maybe it will not.
You know what will definitely fail, FoxNews doing nothing.
