If you do cable TV, you’re a renter. You need that set-top-box that connects the cable to your television, and chances are, your cable company won’t let you buy the thing. You’re forced to rent it, paying that monthly fee for years on end, shelling out far more than that box is really worth. But that might change.
Today, the Federal Communications Commission unveiled a proposal that would force pay-TV providers to offer apps that let you bypass set-top-boxes altogether. Instead of plugging a set-top-box into your TV, you could just use cable through a device of your choice, like a Roku, an Xbox, or a Google Chromecast stick. Plus, you could watch on all sorts of other devices, like phones and tablets. If the new proposal passes, you say goodbye to that monthly fee forever.
It may seem a little late to do something about this particular problem, given that analysts say more people are now cutting the pay TV cord. But there are still tens of millions of people paying for the tube, and the average subscriber pays $231 a year for the things, according to the Federal Communications Commission, and cost the country about $20 billion annually.