Consumer intent to cut the cord and drop pay TV is up, according to newly released research.
Though the percentage of people getting video content from broadband is small, cord cutting worries the TV industry. The number of pay-TV subscribers dropped last year and the trend could accelerate as more content goes on line and mobile devices become more powerful and popular.
According to Frank N. Magid Associates, 2.9% of pay-TV subscribers say they are “very likely” to cancel their pay TV in the year ahead, up from 2.7% last year and 2.2% two years ago.
Read the full story at B&C.