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Cord-cutting Report: Streaming Services Will Be 25% of the Pay-TV market by 2023 (fastcompany.com)
UBS is increasing its outlook for streaming TV services such as Sling TV and DirecTV Now, estimating that such services will make up 25% of the pay-TV market in five years. Meanwhile, USB expects traditional TV subscriptions to decline 4.1% over the next year alone. From the report: Here are some other takeaways from UBS's report: Although Google hasn't disclosed subscriber numbers for YouTube TV, UBS estimates that the service has 750,000 subscribers after one year. That would put it just behind Hulu (800,000 subscribers), which launched around the same time. Sling TV remains in the lead with 2.3 million subscribers after three years, and DirecTV Now is catching up with 1.5 million subscribers in 16 months. PlayStation Vue still has just 700,000 subscribers after three years. A survey by UBS found that one in three respondents were likely or very likely to subscribe to a streaming TV bundle. (Hulu with Live TV and YouTube TV were the top two potential picks among these respondents, suggesting that they'll play catch up with their rivals over time.)
Still have an internet connection to the cable company?
"Cord cutting" will not overtake cable as long as the only way to get a reasonable price for internet is to "bundle" your service with pay TV. And it's only going to get a lot worse with all the big mergers that the corrupt Trump administration is handing out to corporations.
You can cut all the cords you want, but you're still going to be paying a cable bill, even if you only watch Netflix and Hulu. Two companies providing all the internet bandwidth and TV content will never be anything like "competition".
You are welcome on my lawn.
The cable cartel has been dictating what customers get for too long and streaming services offer a small step forward. Too bad the pipes are still controlled by the cartel,
With no network neutrality things can get bad.
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It's not cord cutting, it's just tying a new cord. Death to network TV and all hail your new Netflix/Youtube masters!
When all you have is a hammer, every problem starts to look like a thumb.
Yup, pulled this plug a month ago. I was paying almost $200 for a fat ass cable TV connection, landline phone, and capped internet. This was in addition to my subscription services of netflix, hulu, and curiosity stream.
The landline phone doesn't even have phone hooked up to it. As for the cable connection, we had unplugged the cable box 6 months ago and never bothered to hook it back up. The rest of my family watches netflix, hulu, or youtube. and I just watch the curiosity stream and youtube.
So I dumped the cable TV and phone, got a truly unlimited internet connection, no datacap, for $93 a month and some change.
AT&T just wired my apartment for fiber so now comcat has some competition. AT&T is not really any better than comcast but now I have a option to actually get both to bid against each other.
I read at +2. If your post doesn't reach that level I will not see or respond to it.
This to me seems like another lowball estimate from an industry that doesn't seem to have an appreciation for how fast things change nowadays.
I would expect this to be somewhere much closer to 50% based on what I see. Every person I know under 40 cut the cord a long time ago. The only people who hold out are sports junkies, and even they are dropping like flies now that you can get legal season pass streaming options for some of these.