You know the trend by now: Cable TV is losing its grip, internet TV is slowly eating it away. You can see it in the continuous decline in cable TV subscribers, and the streaming TV services cable companies are launching themselves.
As this chart from Statista shows, you can also see it in the sheer amount of cash internet TV's major players are spending on TV programming. According to data from IHS Markit, Netflix and Amazon spent a combined $7.5 billion on programming in 2015. Both services more than doubled their spending from 2013.
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As this chart from Statista shows, you can also see it in the sheer amount of cash internet TV's major players are spending on TV programming. According to data from IHS Markit, Netflix and Amazon spent a combined $7.5 billion on programming in 2015. Both services more than doubled their spending from 2013.
Read More at BusinessInsider
