Now that content is readily available for instant streaming on so many platforms like Hulu and Netflix, consumers are no longer willing to pay premium pricing for cable.
Although there are still 91 million customers with cable, Telco TV, or Satelite dish, according to "Cord Cutters News" over 13,000 people a day are canceling traditional TV.
In the months of July, August, and September- cable, Telco TV, or Satelite dish lost at least 1.1 million subscribers, as reported by the research firm MoffettNathanson.
"Satellite TV providers had their worst quarter on record with a loss of 726,000 subscribers, the firm says. Cable operators have been hit with a tough trend, too. So far this year, they have lost nearly 1.1 million subscribers, their worst losses at the three-quarter mark since 2014. So far this year, traditional pay-TV providers have lost 2.8 million subscribers," writes "USA Today."
However, "Cord Cutters News" claims that this is likely an underestimate.Read More