Business Insider: “You're going to regret ditching cable in 5 years...”
businessinsider.com
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My guess is, if this sort of "We're going to squeeze viewers" extraction happens, it'll lead to more people just not watching TV at all, rather than paying more and reminiscing about the good-ol'-days.
I grew up in rural Canada. We had two channels (broadcast) because cable companies wouldn't service our area.
Once I moved out, I could barely afford to buy beer, let alone a cable package. With the internet providing endless amusement, it was a pretty easy choice: the beer won.
Today, I have a netflix account. The cable company is still getting their pound of flesh from me; my internet costs $80 a month. Oh how I miss the days of living downtown, where I could get cheap fibre...
I don't know why anyone would give a damn about having cable TV. It provides very little value for a very high price.
But it's nice having random channels to flip through and find something.
In the end, I've found that I like the additional viewing options and it's now my go to for immediate random watching.
Too often with netflix, amazon prime & hulu it was a pain to figure out what to watch.
However, I only got cable again after getting a better job. No better job, cable would be gone.