Cord-Cutting Explodes as More Americans Watch Streaming over Cable for First Time Ever

Breitbart ^ | August 19,2022 | WARNER TODD HUSTON

[Hojczyk]

Consumers continue to dump their cable and satellite subscriptions at an accelerated pace as the industry continues to see a fall in earnings across the board and for the first time ever, more people are watching on streaming than on cable.

According to the Hollywood Reporter, earnings are down for the second quarter.

Comcast, Charter, Cox, Altice, DirecTV, Dish, Verizon and Hulu’s live TV, all lost subscribers. Comcast was down a whopping 500,000 subscribers while DirecTV was down 400,000.

Wells Fargo analyst Steven Cahall add that the 2,256,000 decline on subscribers is the worst fall on record. Cahall also noted that the industry has retracted from its original saturation point seen back in 2015.

“From a peak of more than 100 million in 2015,” Cahall wrote, “pay TV subs are now about 82.5 million, and we estimate penetration to be around 55 percent of TV households, down from a peak of 81 percent.”

Cahall went on to project an even larger drop in 2023 to 6.7 percent while 2024 will likely see a 6.9 percent decline.

The analyst concluded saying that cord-cutting has worse financial consequences for Fox Corp., Paramount Global, and AMC Networks due to their lack of diversity compared to companies such as Comcast and Disney.

[libertylover]

Unless you’re coming off of a satellite dish or you’re tired of your mobile service you’re probably using cable. Maybe not for TV, maybe for Internet only but it’s still cable, there has been no cords cut.

Exactly.

[joshua c]

not to mention the cable tv companies force you to fund LEFTIST garbage

[joshua c]

the important “cord cut” is the cable tv

the basic bundle forces you to fund the LEFTIST media

[mmichaels1970]

For the most part, I’ve found that live tv pretty much sucks. On demand is where it’s at. Love discovering a show that has 5 or 6 seasons stored up. The stuff you WOULD watch live is usually available on a streaming “plus” app within 24 hours of original airing.

If you’re into sports, I’d say that’s about the only thing left that you’d want to watch in real time.

[joshua c]

i have internet cable

but not cable tv

you can drop one and keep the other

[Fai Mao]

“The problem is that you have to subscribe to multiple services to watch all the programs you want.”

There are a lot of pretty good free channels. Plus Rumble and Youtube.

[EEGator]

I can’t where I live. I already tried twice.

[Republican Wildcat]

How many are just replacing the literal cord with a virtual cord?

Get an antenna and a streaming box and you need not pay a cent for TV again, other than the one time costs of the equipment.

[Magic Fingers]

I recently tried youtube TV (seemed to be the best option for the price) but they only offered relatively poor picture quality (vs cable).

[Republican Wildcat]

You can’t have internet without also having the cable TV service at the same time? That’s strange.

[EEGator]

Yeah, it’s BS.

[EEGator]

Comcast are dirtbags.

[Yo-Yo]

It wouldn’t surprise me to find out that in an ironic twist cable TV companies are the number one internet providers.

[Pollard]

I’ve never had cable. Tried satellite 20 years ago but it would regularly cut out because of “high clouds”. Don’t even have an antenna now. I find plenty to watch on bitchute/rumble/youtube, plutotv, and still do the torrent thing. Not as active as it used to be but it still exists.

I have a lot of stuff saved as mp4/mkv that we pull out after not having watched it in a few years. Got a laptop with HDMI that we use to watch those. I download from all the video websites if it’s something we’ll both like. Little laptop doesn’t stream from websites like youtube so I download, put on a USB and it will play from there.

I’m wanting to build a TV streaming box with a Raspberry Pi 4.

[mmichaels1970]

there has been no cords cut.

I get your point, but there kind of are. You can now drop a smart tv in any room of your house that gets WiFi. You don’t need a wall jack. You don’t need a converter box. You don’t need to pay an extra few bucks for a “second” cable box. You can connect 20 TVs in your house, put one in your garage and mount one on your deck.

My parents (in their 70s) can’t quite grasp that concept yet. They still need to make sure there’s a coax jack close to their “entertainment centers” and they can only dvr on the “main” tv, because that has the more expensive cable box hooked up to it. They don’t want to give up the “superior” TV guide that the cable company offers.

When you stream (or “cord cut”) you can pack your fire stick and remote and take YOUR tv subscriptions and preferences to a hotel room, vacation rental, or relative’s house at will.

I agree that most internet comes in over “cords”, but certainly a ton of them have been “cut” out of the equation.

[ridesthemiles]

I get at least one ‘offer’ a week from pay tv.

I get service from an antenna & I do just fine.

[Seruzawa]

True. But I was getting nothing I cared about from Comcast cable except TCM. With Roku I get a lot of content. I also get Britbox for less than $10. Plenty to see. If I mine out Britbox I’ll drop it and mine out a different one. No need to have more than one at a time.

[ridesthemiles]

I have very good internet here in N Nevada-..

NOT a nationwide system-—LOCAL—but no problems at all for over 2 years.

[M Kehoe]

Hi.

We tether our cell phones to our big screen computers.

Mainly by Bluetooth.

Don’t need cable.

5.56mm

[Col Frank Slade]

We finally got a 100% fiber competitor to the cable
Co.
I dumped them fast and now have just internet.

Don’t watch ANY TV, everything over house WiFi to IPhone or iMac.