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56.6 Million U.S. consumers to go without pay TV this year, as cord cutting accelerates
Bad news for traditional pay TV: cord cutting is accelerating at a pace faster than previously estimated. According to a new industry report from eMarketer, there will be 22.2 million cord cutters ages 18 and older this year - a figure that's up 33.2 percent over 2016. The firm said it's had to revise its forecast as the pace of cord cutting has increased. Previously, it believed there would only be 15.4 million cord cutters in the U.S.
In addition, the so-called "cord-nevers" - meaning those consumers who never choose to subscribe to traditional cable or satellite TV in the first place - is growing, too. While the pace of that growth is slower - a more modest 5.8 percent this year - the total number of cord-nevers is higher. eMarketer says there will be 34.4 million U.S. adult cord-nevers in 2017.
When you combine the cord cutters and cord-nevers, there will be 56.6 million U.S. non-pay TV viewers this year...
More bad news for the mainstream media and the monopolies that run Hollywood and TV. No wonder the mainstream media is threatened by the likes of PewDiePie and other YouTubers who have more credibility and influence than CNN and MSNBC combined.
Bad news for traditional pay TV: cord cutting is accelerating at a pace faster than previously estimated. According to a new industry report from eMarketer, there will be 22.2 million cord cutters ages 18 and older this year - a figure that's up 33.2 percent over 2016. The firm said it's had to revise its forecast as the pace of cord cutting has increased. Previously, it believed there would only be 15.4 million cord cutters in the U.S.
In addition, the so-called "cord-nevers" - meaning those consumers who never choose to subscribe to traditional cable or satellite TV in the first place - is growing, too. While the pace of that growth is slower - a more modest 5.8 percent this year - the total number of cord-nevers is higher. eMarketer says there will be 34.4 million U.S. adult cord-nevers in 2017.
When you combine the cord cutters and cord-nevers, there will be 56.6 million U.S. non-pay TV viewers this year...
More bad news for the mainstream media and the monopolies that run Hollywood and TV. No wonder the mainstream media is threatened by the likes of PewDiePie and other YouTubers who have more credibility and influence than CNN and MSNBC combined.