Is Big Cable Dead? Cord-Cutting Has Tripled in a Year
Americans have begun rejecting traditional cable -- both the wired and satellite versions -- in record numbers. The industry dropped nearly 1.6 million customers in 2018, and more than triple that, 4.9 million, in 2019, according to data from Leichtman Research Group (LRG).
You could argue that the drop is even worse, because 6.7 million of the 86.2 million households counted as cable subscribers get internet-delivered services. Many of these plans are stripped-down options that are much cheaper than traditional cable.
Cable's future has become fuzzy. Image source: Getty Images.
Source Fool.com
