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December 7, 2007, Newsletter Issue #41: The 1980s Saw Cable Grow
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Tip of the Week
The 1980s were all about cable television. This was really when it seemed everyone was subscribing to cable television.
Within a span of eight years, over $15 billion was spent on wiring the United States for cable television and billions of dollars was spent on new programs for cable television. This, as you would think, caused an incredible growth in the popularity of cable television.
By 1989, almost 53 million Americans had cable television in their homes. The ability to watch almost anything you wanted from your own home was just what people in the United States seemed to crave. The people had just one concern as the 1980s came to a close: with the popularity of cable television growing, so were cable television prices. What would happen in the 1990's?
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