200,000 people stopped paying for TV last quarter, are Netflix and Hulu to blame?

netflix_wiiIt is something everyone always threatens to do, but very few rarely do: To cancel their cable or satellite plan and be free of that huge monthly bill. But it looks as though more and more people are doing just that. According to the latest numbers from pay TV providers, in the second quarter of 2011, almost 200,000 people stopped paying for TV in the United States.

There are several different reasons why one would stop paying for TV, so we can’t tell for sure exactly why this number is so large, but there are clues. We reported just the other day that people are spending less on home entertainment these days. It could be as simple as people having less money to spend, leading them to cut back on the big expenses. Another stat that might point to simple budget reasons is the fact that TV ownership is down. If people don’t own a TV, it’s hard to make them pay for TV service.

Meanwhile, Netflix now rivals Comcast for subscribers, and Hulu Plus is on track for its first  million subscribers this year.

TV providers might be losing customers, but they are happy that the customers they retain are paying them more than ever. With HDTVs becoming the norm, and DVRs being attached to most TVs, these are the types of add-on charges TV providers need to keep making money. 

The romantic idea here is that people are getting fed up with the huge TV bills and cutting the cord. With more options than ever to view current content for drastically reduced prices, it’s becoming easier every day to cut the cord. Streaming services like Hulu and Netflix are even starting to produce their own content, which is a trend we can only see growing. The only issue with cutting the cord would be that in order to continue getting the content you want, you will have to keep an Internet connection. Unfortunately for many customers, our Internet providers are also cable providers. This means that it’s not hard to expect that as Internet traffic goes up and TV traffic goes down, the costs for Internet will also go up.

So have you cut the cord, are you living free of that huge cable bill?

Home Theater

Cord-cutting has grown by 48 percent in 8 years, according to Nielsen

People are continuing to ditch cable but not all cord-cutters are the same. In fact, there are two distinct groups within the cord-cutting universe, with a very small, yet growing third group that's worth paying attention to.
Home Theater

Cutting the cord? Let us help you find the best service for live TV streaming

There's a long list of live TV streaming services available to help you cut the cord and replace your traditional TV subscription. Each is different in important ways, and this guide will help you find the best one for you.
Home Theater

From the Roku Ultra to the Fire TV Cube, these are the best streaming devices

There are more options for media streamers than ever, so it’s more difficult to pick the best option. But that’s why we're here. Our curated list of the best streaming devices will get you online in no time.
Movies & TV

How much does Netflix cost? Here’s a pricing breakdown of its plans

Wondering how much a Netflix subscription costs? You're not the only one. That's why we put together a quick-hit guide covering all the Netflix plans, whether you want to opt for 4K streaming or a disc-based option.
Home Theater

QLED and OLED may have similar names, but they're totally different technologies

The names may look almost identical, but OLED and QLED are two entirely different beasts. In our QLED vs. OLED battle, we dissect the differences between these dueling TV technologies, and help determine which might be best for you.
Home Theater

Amazon’s updated base model Fire TV stick now comes with an Alexa remote

If you're looking to take your older TV into the streaming era, Amazon's most basic Fire TV Stick model just got more compelling than ever: Buyers can now get a free Alexa voice remote with their Fire TV Stick purchase.
Home Theater

Leave the charger behind: Wireless headphones will get epic battery life in 2019

From wireless in-ears to noise-canceling over-ears, virtually every headphone manufacturer has seriously improved wireless headphone battery capacity, making fears about charging up for long listening sessions a thing of the past.
Home Theater

Banish the bunny ears (and monthly bills) with these excellent HD antennas

When transitioning away from cable and satellite, finding the best HDTV antenna for your area can be touch. To help, we've compiled our picks of the best indoor HDTV antennas you can buy.
Home Theater

Still listening on tinny TV speakers? Try one of our favorite soundbars

You no longer have to sacrifice sound for size when selecting home audio equipment. Check out our picks for the best soundbars, whether you're looking for budget options, pure power, smarts, or tons of features.
Computing

Don't spend hundreds on Pro Tools or Logic. Try one of these free alternatives

Believe it or not, Pro Tools isn't the only digital audio workstation worth your time. Check out our picks for the best free recording software, whether you're looking for a lightweight app or a full-blown audio workstation.
Emerging Tech

CES 2019 recap: All the trends, products, and gadgets you missed

CES 2019 didn’t just give us a taste of the future, it offered a five-course meal. From 8K and Micro LED televisions to smart toilets, the show delivered with all the amazing gadgetry you could ask for. Here’s a look at all the big…
Home Theater

Roku adds automatic sign-out mode, for those with regular houseguests

Being able to use a Roku device while staying at a hotel or Airbnb is awesome. What is less awesome is leaving yourself signed in after you leave. With a new automatic sign-out feature, Roku is making it easier to relax.
Home Theater

Wireless headphones are finally awesome, and these are our favorites

With sleek form factors, prime audio quality, and the freedom of untethered listening, there has never been a better time to pick up a pair of wireless headphones. These are the best ones currently available.
Home Theater

These awesome A/V receivers will swarm you with surround sound at any budget

There is no one-size-fits-all approach to shopping for a receiver, so we assembled our favorites for 2018, at multiple price points and all loaded with features, from Dolby Atmos to 4K HDR, and much more.