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.
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.
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.