Cutting the cord is no longer a dream—it's a nationwide reality, with subscriber numbers accelerating rapidly. Thinking about ditching cable? We've crunched the numbers on the true cost of switching to streaming. The True Cost of Cutting the Cord: Do You Really Save Money? When you factor it all in, cutting the cord in favor of internet streaming often delivers significant savings. Read more. The era of online streaming has arrived, and it's here to stay.
Need proof? Let's dive into the data.
1. Netflix's Explosive Growth
In Q1 2015, Netflix added 4.9 million subscribers, up from 4.0 million the prior quarter. That's now over 62 million users worldwide, including 40 million in the US. No surprise, given its top-tier content library. Netflix vs. Hulu vs. Amazon Prime: Which Should You Choose? It's time for a fresh comparison on pricing, content, and more. Read more.
2. Pay TV Subscribers Are Fleeing
In Q2 2015, pay TV (cable, satellite, telco) lost 566,000 subscribers—46% more than the 321,000 lost in Q2 2014. Losses are accelerating, even in the typically stable summer quarter. Cut the Cord with These 15 Streaming TV Channels Cable is declining as on-demand internet options rise. Discover the best alternatives. Read more.
3. Younger Viewers Are Ditching Traditional TV
In Q2 2015, only those aged 50-64 and 65+ increased TV viewing time. Ages 2-49 watched less. Instead, they're turning to Netflix, Twitch, and YouTube for entertainment. 7 Easy Steps to Cut Household Expenses Start by axing cable bills and watch your savings grow. Read more.
Ready to cut the cord? How long did it take you? Share in the comments below!
