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With Many Web Opportunities, Homes Nixing Cable Will Triple by 2016
Posted By Abe Brown On October 10, 2011 @ 11:00 am In Video | No Comments
As more former TV and movie viewers head online to consume video, the number of U.S. households without traditional cable service will triple by 2016, according to a new report from Magnaglobal , a media forecasting firm.With the market for online video expanding further in this five-year period, about 9 million households will forgo cable subscription. About 44 percent are “cord cutters:” Former cable subscribers who get ride of their subscription. But the majority — around 5 million — will be current teenagers who will never subscribe to cable.
Read more at ReadWriteWeb .
Article printed from Inc. Technology: http://technology.inc.com
URL to article: http://technology.inc.com/2011/10/10/with-many-web-opportunities-homes-without-cable-will-triple-by-2016/
URLs in this post:
 Magnaglobal: http://www.magnaglobal.com
 ReadWriteWeb: http://www.readwriteweb.com/archives/home_without_cable_subscriptions_increase.php
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