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I'm ripping up my beginner's guide to
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cutting the cord and it's all because of
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a big shift in streaming I've been
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helping people cut the cords since 2016
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and during that time most the people
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I've helped have been fed up with their
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cable or satellite provider so they've
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switched to a live TV streaming service
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to save money services like YouTube TV
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Hulu live sling TV and the rest these
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live TV services are kind of like cable
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2.0 offering bundles of cable networks
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and in some cases local broadcast TV
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stations back to my guide to cutting the
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cord and step number five this is what's
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changing in this step I've recommended
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that people test a live TV streaming
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service while still paying for cable and
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my topic for a lot of cord cutters has
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been YouTube TV if people are happy with
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YouTube TV during their trial they can
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cancel their cable TV subscription and
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keep watching their favorite channels
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with YouTube TV for a lower price now
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this recommendation it still works for
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people who watch a lot of live sports
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news and their local stations but we
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gotta talk about a couple things that
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have changed first live TV streaming
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services are getting more expensive a
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lot more expensive YouTube TV alone has
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doubled in price since it launched in
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2017 and second cable and broadcast
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networks are really struggling on the
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content side aside from Sports and news
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many people are finding fewer reasons to
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watch live TV on entertainment channels
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especially when you think about all
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those cable TV commercials the big shift
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that I'm noticing from my viewers and
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readers is that many people who cancel
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cable TV can skip step number five
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because they don't need a pricey live TV
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service like YouTube TV to replace cable
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take a look at this recent article from
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variety it backs up what I've seen and
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says that pay TV subscriptions that's
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cable satellite and live TV streaming
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are at their lowest point since 1992 and
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we know that more changes are coming
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check out this tweet from a CNBC
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journalist JP Morgan is assuming that
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Disney will offer ESPN direct to
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consumers in the summer of 2024 and when
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that day comes you can only expect cord
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cutting to accelerate but people have
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not stopped watching TV not at all
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instead many cord cutters they're
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hooking up an antenna for their local
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broadcast TV channels subscribing to
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Affordable on-demand Services ones like
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Netflix and perhaps peacock and
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Paramount plus those Services have
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on-demand shows in movies as well as
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some live TV components and then there
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are free ad supported streaming services
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like Pluto TV 2B freebie and the Roku
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channel so if you currently have cable
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or satellite and you want to cut the
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cord I still don't think it hurts to
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test out a live TV streaming service
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most of them including YouTube TV have
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free trials but during that trial pay
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close attention to what you're watching
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how long you're watching and research
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whether you you could stream that
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content Elsewhere for less money YouTube
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TV is convenient more than 100 channels
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in a single app but how much are you
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really willing to pay for that
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convenience if you find yourself not
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watching much live TV anymore here's
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your action plan try dropping it all
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together for a month maybe two months to
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see if you actually miss it after all
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you can always go back youTube TV isn't
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going anywhere and unlike with cable you
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can sign up for a no contract live TV
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streaming service online and start
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streaming in just a couple minutes leave
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a comment below I want to know the
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streaming services you're spending the
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most time with lately my name is Michael
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and I'm here to help you make every
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dollar count thanks for watching
