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Cord-Cutters Are Ditching Their Cable Packages At the Fastest Rate Ever (axios.com)
Sara Fischer, writing for Axios: Cord-cutters are ditching their cable packages at the fastest rate ever, opting instead for cheaper, bundled digital TV options, according to the latest Magid Broadcast Study. The trend reflects consumers' preferences to ditch bundled cable packages for more affordable, niche bundled services that can be accessed on TV box tops or on mobile. For consumers, there are more bundled packages than ever, all popping up around similar price ranges. YouTube TV and Hulu TV launched within the past two month, joining the likes of SlingTV and DirectTV Now -- all at a roughly $40 monthly price point -- a bargain considering the average American pays $92 monthly for cable.
They'll just keep tightening the data caps in their favor. Keeps me from watching 4K streaming which I can't even get on cable.
Chewbacon
The Bible is like Wikipedia: written by a bunch of people and verifiable by questionable sources.
Unfortunately for the industry, fewer subscribers will mean fewer revenues. Fewer revenues will mean higher allocation of the costs to the existing customers. There will be an inevitable increase in both internet and cable service rates. Cable service rate increases will further discourage more customers to cut the cord.
This is not cord cutting, this is changing your cable subscription package.
Cord cutting is eliminating wire-line services, and replacing them with OTA TV, 4G internet, phones, etc.
There are significant costs to produce TV shows. You cheap bastards are ruining TV and driving networks out of business. All cord-cutters are cheapskate assholes who are ruining TV for the rest of us.
Oh woe is us! However did television exist before Cable TV? However will television survive?
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Not really. My Netflix monthly fees goes directly towarding funding TV shows and movies.
You're the asshole who's still overpaying for cable instead of helping Netflix fund more TV shows and movies.
#DeleteFacebook
The biggest issue is not cost per-se, but that the whole idea of "channels" is obsolete.
Why would I wait for a specific day or time to see the content of my choosing? Worse, even when what I want to see is playing on a given channel, 1/3 of the content is ads. Yes, DVR can ameliorate this, but it's really a crutch because I have to choose content I'm interested in advance and then wait. When I moved, I was given "free" cable for a year along with my internet package. I think I may have watched it for 30 minutes the entire year. I go over to friends/family's houses who still watch live TV and I feel like I've been transported back in time to the 20th century.