DIS - Here's Why Conventional Cable's Biggest Threat Is ... Google? Yes Google.
Cable TV customers all over the world are cutting the cord. That's nothing new. But one of the biggest names prompting cable cancellations isn't the one you might expect. It's YouTube, which operates under Google, Alphabet's (NASDAQ: GOOGL) (NASDAQ: GOOG) breadwinner.
Surprised? One might've thought a more dedicated name like Dish Network's (NASDAQ: DISH) skinny bundle Sling TV or Walt Disney's (NYSE: DIS) Hulu + Live TV would drive most of the defections. To be fair, both brands are doing OK.
But it's YouTube's not-so-secret weapon that's nagging at conventional cable the most.