More than 1 million cable television subscribers in the United States canceled their service in 2011, opting instead for online films and TV shows available through services like Netflix and Hulu Plus. Nearly 2.65 million cable or satellite TV subscribers have canceled their service since 2008 to rely solely on Web-based services according to estimates from the Convergence Consulting Group. “It’s pretty obvious that there’s actual cord-cutting going on in the U.S.,” Brahm Eiley, president of Convergence Consulting, said in an interview with Bloomberg. The firm warns that the pace of defections may slow this year, however, as content providers tighten online access to shows and increase prices. It is estimated that roughly 930,000 customers will cut the cord in 2012, for a total of 3.58 million subscribers since 2008. The group also estimates that traditional television providers will add 185,000 accounts this year, up from 112,000 in 2011.
Over 1 million U.S. cable subscribers cut the cord in 2011
Updated Dec 19th, 2018 8:22PM EST
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Dan joins the BGR team as the Android Editor, covering all things relating to Google’s premiere operating system. His work has appeared on Fox News, Fox Business and Yahoo News, among other publications. When he isn’t testing the latest devices or apps, he can be found enjoying the sights and sounds of New York City.
