Quote:
Originally Posted by GregWeld
Watching CNBC this morning and all the discussion about “Streaming”.... Apple - Netflix - Disney - Hulu..... everyone wants you to sign up for their streaming service and cut the cable
Why mention this? Because I got to thinking that AT&T bought Direct TV (cable) for growth — and assumed massive debt for the purchase. My millennial children don’t have or want cable - they have streaming stuff.....
Just remembering “fundamental change” in your holdings — and is this one??? The death of a 1000 cuts — or was it a brilliant move? IDK — just saying to pay attention.
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Yup, as soon as cable internet like speed is available elsewhere, the cable companies are toast.