U.S. Pay-TV Cancelers to Hit 33 Million in 2018

Pay TV has dominated the market for quite a long time. They provide a number of channels for its viewers but at the same time charge outrageous fees on a monthly basis. The viewers have slowly understood that they are paying a lot of money for most of the channels which they do not even watch. This led to the cord cutting revolution wherein more and more number of people are getting rid of pay TV and opting for other cheaper and reasonable options. Year by year, the number of cord cutters has been on a rise. There are millions of US individuals who have already shunned their traditional Pay TV and this is surely going to rise in the coming years as well. In the year 2018, the number of people who have cancelled Pay TV and also do not plan to subscribe back has reached around 32 to 33 million which means a 32 percent jump from the previous year.

The traditional Pay-TV universe is shrinking and instead the viewers are opting for other entertainment options. There are more than 147million subscribers of Netflix in the U.S itself which is then followed by Amazon Prime, Hulu, Sling TV and HBO. Getting rid of cable TV has its own perks for the consumers. In a way it not only saves you a lot of money but also at the same time it opens up multiple affordable options to watch your favourite shows and sports.

The options which get open up for a cord cutter are, TV antenna, online streaming services, streaming devices, Live TV and so on. People are mostly looking out for a combination of TV antennas and online streaming services. Hence purchasing a TV antenna would be a mindful work wherein you need to consider multiple factors. When it comes to an online streaming service then there are multiple options available such as Hulu, Netflix, Amazon among the few best ones. Most of the streaming services provide free trial packages before you subscribe to it. This allows the user to try out the service and choose the ones which contain the content that they are looking out.

The number of cord cutters in the U.S is surely said to rise in 2019 as well wherein the projected growth is said to be more than 19million. In the year 2017, there was 25million U.S who had got rid of the traditional Pay TV packages and moved on to better option. This number gradually rose to 33million in 2018 and expected to rise till 39million in the year 2019. By the end of 2022, around 59million U.S people would be shunning away from Pay TV and looking out for Free TV or streaming service packages. If you have not yet planned to cut the cable, then think no longer since with new competitions arriving in the market, this is surely the right time to do so. Pay TV can only increase the financial burden hence it is better to get rid of it as soon as possible.