Cord-Cutting Has Reached an Epic New Level

Once something big starts rolling down a hill, it can be awfully hard to slow it down. That's what's happening with cord-cutting -- customers are fleeing their cable and satellite TV providers in ever-increasing numbers.

That trend is unlikely to abate any time soon, because consumers today can drop cable and replace it with an array of streaming services for less money. It's possible to get nearly every channel via streaming, so consumers can theoretically save money and still get what they want. Cable, with its current fixed system of channel bundles, can't really compete.

The rise of new streaming options has made cable less attractive. Image source: Getty Images.

Source Fool.com