Streaming Video Delivers Blow To Paid Cable – 01/14/2013
Driven by the rise of streaming video and better over-the-top technology, cable-led paid-TV services peaked in 2011, and are now on track to decline through 2017.
That’s according to new findings and forecasts from research group TDG, which reports that paid-TV subscriptions topped out at about 101 million in 2011, remained virtually unchanged in 2012, and will sink to less than 95 million by 2017.
“Netflix and Hulu Plus are one part of it,” Michael Greeson, director of research at TDG, said regarding the fate of paid TV. “But those services are still supplementary for most consumers.”
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