Here's proof people are cutting the cord on cable TV
According to data from select major cable providers provided to Leichtman Research Group and charted for us by BI Intelligence, the gap between the number of internet subscribers and TV subscribers in the US is widening. In the final quarter of 2014, top cable companies saw more broadband subscribers but fewer pay TV customers, suggesting that people are beginning to dump their cable TV packages but keep their internet in order to access online services like Netflix and HBO Go.
BI Intelligences expects the gap to keep widening, especially once Apple introduces its streaming TV offering later this year. That service, according to the Wall Street Journal, will "offer a slimmed-down bundle of TV networks this fall" with about 25 channels from broadcasters like ABC and FOX, for between $30 to $40 per month.
BI Intelligence
Next Story
India’s top two-wheeler makers are on a collision course with the government over the deadline for electrification- Those who clear India's Joint Entrance Examination (JEE) may get a shot at UK's Queen's University
- Viral Acharya resigns: The member of Indian central back's monetary policy panel and a government critic quits before his term ends to return to US
- Mukesh Ambani’s Reliance Jio may go public next year as debt for discounts starts to bite and 5G era beckons
- Global financial services major Manulife enters India in a joint venture with Mahindra Finance
- This almost-defaulter saves itself by selling its loans to a foreign investor
- Jaguar Land Rover is dragging Tata Motors along in its downward spiral
- YouTube's new feature is proof that social networks are scared of losing more celebs like Madonna and Selena Gomez
SIGN IN WITH
FacebookGoogleEmail