Verizon Has A New Slimmed-Down TV Package, But At $55 A Month, Who Will Subscribe?

Why spend $9 a month on Netflix when you can spend $55 on TV? No, really, why?

In what may be a too-little-too-late concession to the popularity of inexpensive streaming subscriptions, Verizon Communications has created a discounted TV package with just a few dozen channels. The package is still a TV plan, not a streaming subscription, but Verizon may be trying to stop the growing numbers of "cord cutters" from dropping monthly TV subscriptions entirely.

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