Netflix And Hulu Are Starting To Kill Cable

http://www.huffingtonpost.com/2014/04/17/netflix-cable_n_5168725.html?ir=Technology

 

With Netflix, Hulu and the ability to watch most of our shows online, many people are opting to cut cable costs. “The number of cord-cutters, which Experian considers people with high-speed Internet who’ve either never subscribed to or stopped subscribing to cable or satellite, has risen from 5.1 million homes to 7.6 million homes, or 44 percent, in just three years.” Almost a fifth of households that use netflix and hulu don’t pay for cable anymore. The article also noted that nearly a quarter of young adults between 18 and 34 who subscribe to Netflix or Hulu don’t pay for TV, Experian found. Cable companies could be in trouble down the line if they don’t get creative and change the price and the way that people view tv. “So-called “data caps” — which limit the amount of data a person can download each month before they’re charged overage fees — are already in place in more than 60 percent of homes in the U.S., according to GigaOm.”

 

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