Stop us if you’ve heard this one before, but cable TV is continuing to bleed subscribers in record numbers as they flock to cheaper Internet-based options — cutting the cord, in other words, in favor of options like Netflix, Hulu and the like. Indeed, a new survey of a little more than 5,000 Americans by Chicago-based Waterstone Management Group found that consumers are increasingly being lured by the content available between choices like Netflix, Hulu and Amazon Prime — and the simplicity of the subscriptions, as opposed to the fees and contracts that come with cable packages — to finally cut cable out of their lives entirely.
Almost 60 percent of Americans, according to this new survey, have canceled their cable TV packages, with only 12 percent affirming they’re fine with continuing to pay traditional cable companies for TV. In another sign of how dire things have become for those cable companies, though, another 29 percent of Americans responded to this survey by saying they’re close to canceling their cable subscription and going all-in on streaming.
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Surprising no one, survey shows almost 60% of Americans have ditched cable TV originally appeared on BGR.com on Tue, 29 Jan 2019 at 21:03:41 EDT. Please see our terms for use of feeds.
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