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YouTube TV and Hulu joined the Preserve Viewers Choice Coalition to prevent streaming services from turning into outdated cable TV companies. The shift in the streaming services, if it happens, might need you to increase your budget to stay entertained.
In a recent development, local station owners of major networks like ABC, CBS, FOX, and NBC have been pushing the Federal Communications Commission (FCC) to categorize streaming services, including popular platforms like YouTube TV and Hulu, as cable TV companies. The potential consequences of this regulatory change have sparked concerns among many users. It prompted streaming services to band together in a bid to resist this transition.
The heart of the matter revolves around increased fees imposed by the FCC. Streaming services would then pass them down to consumers. This shift could translate into higher costs for streaming services and potentially burden users with increased subscription fees.
The battle of streaming platforms like YouTube TV, Hulu with Cable TV providers may hold a story for the future of television
YouTube TV and Hulu have now officially joined (via CCN) forces with the Preserve Viewer Choice Coalition. It further amplifies the coalition’s message and commitment to ensure a diverse range of choices for consumers. Bryce Harlow, the spokesperson for the coalition, expressed their shared belief in the importance of maintaining a competitive streaming market. Their goal is to keep it free from burdensome regulations.
The media landscape has undergone a monumental transformation in recent years. Streaming services like Fubo TV, YouTube TV, and Hulu Live have gained widespread popularity and have reached nearly 14 million households since 2014. This understanding is driving the mission of the local TV station owners to ask for an implementation of FCC policies on the streaming services.
The battle between local TV station owners and streaming platforms could have profound and lasting effects on the television industry. It grants the FCC increased authority over streaming services. Additionally, it opens the door for local stations to demand higher compensation from these platforms.
The outcome of this conflict remains uncertain. So the implications for consumers and the streaming landscape remain yet to be determined. As the industry evolves, stakeholders on both sides of the debate continue to advocate for their interests and influence the future of television in the streaming era.