Sezmi is finished with cable. The start-up Internet TV service is giving up on a $19.99 a month premium service that included 23 linear cable channels and will now just offer a package of broadcast TV, video-on-demand and Web content for $4.99 a month.
There just wasn't a market for another cable TV provider, the service admitted in a statement where it conceded that "the explosion of video on the Web that the vast majority of consumers want to watch is available over-the-air, through on-demand or online."
To be fair, it isn't as if Sezmi is pulling back on a national launch; the cable package was only offered in parts of the Los Angeles market. To get any level of Sezmi service a consumer must have a high-speed Internet connection and an antenna and 1 terabyte DVR at a cost of $150.
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