this post was submitted on 16 Dec 2023
132 points (99.3% liked)

Technology

59269 readers
4068 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


founded 1 year ago
MODERATORS
 

What’s Left Of Cable TV Is Slowly Going To Hell::We just got done noting how 2023 was finally the year that streaming fully surpassed traditional TV in terms of overall paying subscribers. A very obvious "cord cutting" trend that executives spent years claiming was fake or a fad is now the majority norm. But what's left of traditional cable TV isn't doing so well.  Broadcast…

top 13 comments
sorted by: hot top controversial new old
[–] henfredemars@infosec.pub 52 points 11 months ago* (last edited 11 months ago) (1 children)

At the heart of the problem sits Wall Street’s myopic thirst for improved quarterly returns at any cost. It’s simply not good enough to provide people with a quality product everybody likes; the need for improved quarterly returns inevitably results in a quest for scale and growth that always cut corners and sacrifices product quality [...]

The eternal race to the bin, ladies and gentlemen. And it just gets faster and faster.

[–] gregorum@lemm.ee 28 points 11 months ago (1 children)

This is literally the description of capitalism. To think that it is isolated to the cable market is a display of the myopia that the author of this article describes themselves. 

[–] RiikkaTheIcePrincess@pawb.social 15 points 11 months ago* (last edited 11 months ago)

(Sarcasm warning)
It's almost as if capitalism gives us the least of everything at the greatest cost, rather than the opposite!

Nawh, people keep saying it's the best system so it must be.

[–] AnneBonny@lemmy.dbzer0.com 35 points 11 months ago (2 children)

That said, many of the executives who ran cable TV into the ground have jumped ship to streaming, and are repeating many of the same mistakes without having learned much of anything from history or experience.

Why would anyone hire these people?

[–] MrPoopbutt@lemmy.world 12 points 11 months ago (2 children)

Because short term profits are the goal. Squeeze the company dry, leave with your golden parachute, and the problems you created are the next guys issue.

[–] phoenixz@lemmy.ca 4 points 11 months ago (2 children)

Hello Boeing, does this sound familiar to you in any way?

[–] AnneBonny@lemmy.dbzer0.com 4 points 11 months ago

Don't get me started on how fucking cozy they are with the FAA.

[–] RubberElectrons@lemmy.world 2 points 11 months ago

Fucking shitass McDonnell execs 😑

[–] AnneBonny@lemmy.dbzer0.com 3 points 11 months ago

Anyone willing to cut costs and piss away the reputation of a company can do that.

[–] monkeyslikebananas2@lemmy.world 5 points 11 months ago (1 children)

This is always the same pattern. The new thing is taken over by the same old players and it becomes shitty like the same old thing.

[–] AnneBonny@lemmy.dbzer0.com 2 points 11 months ago

Write a script. Anyone could do it.

[–] Rizoid@programming.dev 23 points 11 months ago

Slowly? It's been in hell since I was a child.

[–] robocall@lemmy.world 7 points 11 months ago

If they put cable tv shows on YouTube, maybe someone would watch them