Cutting the Cord: NTIA Data Show Shift to Streaming Video as Consumers Drop Pay-TV
Americans increasingly are moving away from cable and satellite pay-TV services and opting to stream online video offerings, data from National Telecommunication and Information Administration’s latest Internet Use Survey show. While most households still subscribe to cable or satellite television services, the survey shows the proportion of Internet users watching videos online has grown from 45 percent in 2013 to 70 percent in 2017. Internet-based video services typically provide on-demand streaming from a large content library, and are not dependent on the offerings made available by any particular cable or satellite provider. The shift away from pay-TV services crosses all age groups, but younger Internet users have consistently been much more likely to watch video online than their older counterparts. For example, 86 percent of Internet users between the ages of 15 and 24 watched video online in 2017, compared with just 40 percent of users ages 65 and older.
Cutting the Cord: NTIA Data Show Shift to Streaming Video as Consumers Drop Pay-TV NTIA Survey Confirms Shift Toward Online Video (B&C)