Facebook and Google Lead the Pack in Video Streaming

Silicon Valley Courts Cord Cutters
– San Francisco Chronicle

The San Francisco Chronicle quoted Eunice Shin, managing director of Manatt Digital, for an article about the decline of traditional cable subscriptions.

“As the younger generation grows older, they are never going to pay for a cable subscription,” said Shin. “The future growth for traditional cable is pretty dire.”

“The two companies that everyone is afraid of in this video space are Facebook and Google,” Shin said, because the companies are well-positioned in a crucial area: how people find things to watch. “Who controls what content is served up to you and suggested for you to watch and is easy for you to access is in a very powerful position. It’s Facebook and Google who control that,” she added.

Read the article here