I had a conversation last week with a new college grad who had just started a new job and had moved into a new apartment. The young woman had a couple of questions about her Internet connection, which she had purchased from the local phone company (DSL). I asked if she had considered a cable TV/cable modem package.
She said, "No, I never watch TV. I can get whatever I need from the Internet."
In a nutshell, the customer base of the cable TV industry is getting old and dying, and they don't have a plan to attract younger customers.