New Study: Cord-Cutting is accelerating in 2017

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June 8, 2017 by Paul Dughi

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Cord-cutting is growing rapidly.  After years of relatively small number of consumers ditching their cable and satellite connections, the number of people opting for going it alone or smaller video bundles has grown dramatically in the last year.  According to a Magid Broadcast study of consumers this April (reporter by Axios), the number of cord-cutters in 2017 is expected to grow more than 50%.

Axios

Brent Magid, CEO and president of Frank N. Magid Associates, said it’s not all about price.  Only 29% of consumers who plan to discontinue their cable or satellite TV service consider cost as the chief reason for doing so, Magid said at the MFM CFO Summit.  He cited other reasons, such as control, convenience, customization, and VOD (Video On Demand) as drivers.

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