Not with a whimper, but a bang. The Washington Post has an article indicating that ESPN is going to roll out a streaming service for its sports content. This lack of live sports on the Internet has kept a lot of households tethered to a costly and bloated cable TV subscription. I think what happened is that ESPN figured out they were passing up huge revenue growth by staying tethered to cable. Many households, once they cut the cable TV bill, may well end up spending more on streaming video, but it will be in small amounts....FOR EXACTLY WHAT THEY WANT TO WATCH. Choice...it's a wonderful thing.
The cable companies will limp along for a while by doing what they have been doing for several years now: ratcheting up the fee for their Internet service by 5% to 10% per year. But from a community perspective, hitching your economic future to a failed, copper-based business model is a recipe for stagnant jobs growth and a tough hill to climb in terms of business attraction.
Here is the Washington Post article:
http://www.washingtonpost.com/news/business/wp/2015/01/05/espn-goes-streaming-through-dishs-sling-tv-no-cable-required/?hpid=z1