Report: About a Million People Pulled the Plug on Cable in 2011
Over a million pay TV subscribers cut the cord in 2011 alone. By 2012, the research group estimates that cord cutters will reach 3.58 million large, which represents 3.6 percent of the pay TV community.
Image Source: Flickr (jonny.hunter)
It's not just services like Netflix and Hulu that are taking customers away from pay TV services. Inexpensive movie rental kiosks by Redbox and Blockbuster also play a factor in the decision to disconnect from cable or satellite TV. The problem for cable is that there are so many options out there, from Redbox to Netflix, to downloadable apps and browser-based streaming. Factor in ubiquitous broadband and it starts to look even more grim for cable.
Do you still subscribe to cable or are you all-in with streaming video these days?