Wednesday, February 11, 2026

Did Amazon kill QVC Network? Nope...

No, it wasn't Amazon. More likely, it was Netflix, Paramount and Disney. Back in the 1990s and 2000s, it seemed as if nearly every American had cable. That wasn’t true.  For most Americans, for many years, a cable television subscription was all there was. That was very good for a business where most channels got a few cents, sometimes more, from every subscriber.
That created a system where niche channels survived because people did not have the option to not pay for the Cooking Channel or the entire ESPN bundle. You kind of got what Comcast, Charter, or another cable company gave you, and your subscription supported channels you watched, and many you didn’t.
As cable rates have skyrocketed into the stratosphere. More people than ever - me included, are simpling cuttin the cable - or, in my case, the satelite dish. Cable TV subscribers in the U.S. have declined sharply since 2017, falling from about 96.3 million to 68.7 million by 2024, a drop of more than 27.6 million subscribers (almost 29%).
As cord-cutting has taken hold, the audience for QVC and HSN has fallen, leaving QVC Group Inc., the owner of both home shopping networks, on the verge of a Chapter 11 bankruptcy filing.


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2 comments:

  1. Never had cable always an antenna and saved thousands. Only one in the neighborhood maybe the whole town.

    ReplyDelete
  2. Never had any cable beyond internet(borrow wifi pucks from library).I can watch any damn show/movie I want on the net,never saw any need for anything more.

    ReplyDelete

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