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

Fluance’s four beautiful new turntables arrive with easy-to-stomach prices

Acclaimed audio brand Fluance launched four new turntables as part of its new Reference series, aiming to offer elegant looks and pristine sound to those who are just getting into the world of high-end analog audio.
Movies & TV

The best shows on Netflix, from 'Haunting of Hill House’ to ‘Twilight Zone’

Looking for a new show to binge? Lucky for you, we've curated a list of the best shows on Netflix, whether you're a fan of outlandish anime, dramatic period pieces, or shows that leave you questioning what lies beyond.
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.
Home Theater

Netflix vs. Hulu vs. Amazon Prime: Battle of the streaming giants

Trying to figure out which subscription streaming service to use while sticking to a frugal entertainment budget? Check out our updated comparison of the big three: Netflix, Amazon Instant Video, and Hulu.
Movies & TV

Can't get enough lightsaber action? Here's how to get your Star Wars fix online

Few of us want to deal with DVDs or Blu-ray discs anymore. Unfortunately, the Star Wars movies are few and far between when it comes to streaming. If you want to watch Star Wars online, check out our guide on where to find the films online.
Home Theater

Throw away those EarPods -- we dug up the best headphones in every style

Trolling the internet for hours to find headphones is no way to live. Instead, leverage our expertise and experience to find the best headphones for you. Here are our 10 favorites.
Home Theater

Google Assistant gets the Marshall treatment with two new smart speakers

Marshall's Voice-series were already some of the most stylish smart speakers on the market, but now they're available as Google Assistant-compatible editions. This makes Marshall one of the few companies to support both Alexa and Google.
Home Theater

What’s new on Amazon Prime Video (January 2019)

Amazon Prime Video adds new titles each month that are available for free to all Prime members. Check out our list to find all the content hitting Amazon Prime Video in December 2018 and January 2019, from new original series to classic…
Home Theater

The best movies on Netflix in December, from 'Buster Scruggs’ to endangered cats

Save yourself from hours wasted scrolling through Netflix's massive library by checking out our picks for the streamer's best movies available right now, whether you're into explosive action, witty humor, or anything else.
Movies & TV

Out of movies to binge? Our staff picks the best flicks on Hulu right now

From classics to blockbusters, Hulu offers some great films to its subscribers. Check out the best movies on Hulu, whether you're into charming adventure tales or gruesome horror stories.
Movies & TV

Stay inside this winter with the best shows on Hulu, including 'Killing Eve'

It's often overwhelming to navigate Hulu's robust library of TV shows. To help, we put together a list of the best shows on Hulu, whether you're into frenetic cartoons, intelligent dramas, or anything in between.
Movies & TV

The best movies on Amazon Prime right now (December 2018)

Prime Video provides subscribers with access to a host of fantastic films, but sorting through the catalog can be an undertaking. Luckily, we've done the work for you. Here are the best movies on Amazon Prime Video right now.
Music

Bolster your HD music catalog with the best high-res audio sites

Music connoisseurs relish HD audio, but scouring the web for all the best streaming and downloading sites can be a pain. Luckily, we've done the work for you. Check out our list, and let the high-resolution good times roll.
Home Theater

What’s new on Hulu and what’s leaving in January 2019

Our complete list of what's new on Hulu for January 2019, our personal favorites, and which titles will be removed will help you catch up on all the site has to offer -- and ensure you don't miss any titles heading into the streaming ether.