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Millions of Subscribers Leaving Cable TV for Streaming Services

suraj.sun writes "Netflix and Hulu are convincing millions of cable, satellite and telco subscribers to cut the cord and dive into video streaming. That's the conclusion of a new report released this week by the Convergence Consulting Group, which finds that 2.65 million Americans canceled TV subscriptions between 2008-2011 in favor of lower-cost internet subscription services or video platforms. Though Convergence co-founder Brahm Eiley projects that the number of people opting out of TV subscription services will begin to slow in 2012 and 2013. Part of the problem, Eiley argues, may be the rising price tag for streaming rights to programming which could cause fiscal fits for Netflix."

1 of 380 comments (clear)

  1. Re:AppleTV by pecosdave · · Score: 0, Flamebait

    Will not watch again list.

    I find it disturbing you watched that particular show a first time. Of course you're touting an Apple product so I guess that show comes with the neighborhood.

    Roku, Boxee, simply what's built into most modern LG devices, a Wii or a PS3 and a subscription to the content provider of choice is all you need without having to become an iSlave.

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