According to USA Today, U.S. cable, satellite and pay-TV had their worst quarter, losing more than 600,000 subscribers. This falls in line with Fortune’s analysis earlier this year that “it may be time for cable to start worrying about online streaming.” According to both articles, the culprit for the continual loss in subscribers? Internet and streaming options. Meanwhile, today, VStream TV, a new technology, says it has a solution to eliminating monthly cable and satellite bills forever.
Company representatives say the VStream TV technology is based on the Android system, which allows a multitude of apps, (applications), that allow you to browse the internet, Skype, play the latest 3D games and stream thousands of movies, TV shows as well as sporting events.
“I actually had someone who is a die hard New York Yankees fan wanting access to black out games. With VStream TV, we were able to give him these additional games that his cable service could not,” says VStream TV representative, Lee Dickey.
Earlier this year, Fortune reported HBO beginning talks with Apple to consider streaming services. As other internet-delivered video options look at ways to capture the former cable and satellite subscribers, VStream TV representatives say its technology already answers today’s consumers’ demands by eliminating monthly cable and satellite bills while offering thousands of movies, TV shows, sporting events, web access and a multitude of other apps that give today’s consumers a comprehensive media entertainment technology in one source.