To anyone following the cable industry, it's clear user demands are changing and the existing pay-TV model is antiquated.
DISH (NASDAQ:DISH) subsidiary Sling TV's announcement of an over the top offering for $20 per month is indicative of these changing consumer trends. The service is the first to provide cord-cutters with some of the most desirable content -- such as Disney's (NYSE: DIS) ESPN network -- across multiple devices. HGTV and Food Network lover? You can rejoice as well!
But as the existing model evolves, investors should pay attention to trends and what government agencies have to say. That said, I attended CES 2015 to hear FCC Chairman Tom Wheeler talk about what Sling TV's recent announcement means for the cable industry. Listen in on the following video for some detail.
Full video interview available here.
Nathan Hamilton owns shares of Apple and Google (A shares). The Motley Fool recommends Apple, Google (A shares), Google (C shares), Netflix, and Walt Disney. The Motley Fool owns shares of Apple, Google (A shares), Google (C shares), Netflix, and Walt Disney. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.