In the post-cable world, the entertainment industry has “come to the realization that [cable] is a declining business.” That's according to a UBS analyst who explains that it “needs to be managed” accordingly. Providers like Comcast are switching their focus to broadband and many are offering traditional TV at a loss. More TV giants are getting into streaming to widen their reach as well, like the Disney, Comcast, and AT&T-owned Hulu, and now, Disney’s own SVOD, Disney+. (Variety)
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