From many years cable TV networks are providing good quality content through their networks. Now it’s become expensive when you go for consumer choice. Curd Cutting is the Process of removing the expensive Cable TV networks, moving to OTT networks or low cost networks.
Now let’s take an advantage of many streaming services like Hulu, Netflix, Amazon Prime. Each service has their own plans for the consumer choice with the least amount of cost.
20 Amazing Facts and Figures of Cord Cutting
1. Cord cutting is nothing but replacing the Pay TV with the over the top streaming media services
2. According to the recent reports, it was revealed that cord cutting become trend in North America and many other countries too.
3. 8.4 percent of the TV subscribers had ditched their service
4. In 2015, it is raised to 1.5 percent
5. In a survey, the pay TV subscribers said that they are going to reduce the cable or satellite TV services
6. Cord cutting is also called as “Cord Shaving”
7. People are adopted towards the online video streaming services and leaving the Pay TV
8. Consumers of Pay TV were dissatisfied because of high subscription rates for the satellite services and the poor cable services.
9. 45 percent cable services are stopped
10. More than nine percent people are decided to cut the cable services
11. Some seven percent internet service users make their decision to cut their internet connection because of low services from the provider
12. More than 81 percent people are watching just one to ten channels from the Pay TV out of some 100 channels at an average were provided by the provider
13. More than 38 percent companies are offering poor customer services is also one of the reasons for cord cutting
14. 40 percent pay TV users are only watching one to five channels
15. Awareness was increased in the people in which more than 58 percent respondents have good knowledge on one or more services that are available
16. Consumers are spending more than one to five hours of time on various services
17. The Pay TV industry was losing its subscribers and according to 2015 reports, it is revealed that more than thirty thousand customers were lost from the industry.
18. Cable companies were combined lost more than ninety thousand subscribers
19. More than 1.42 million households in US are cutting their Pay TV subscription
20. More than 3 million US homes got broadband connection rather than Pay TV connections
This article introducing amazing benefits and plan like cord cutting process. We have given 20 amazing facts and figures about Curd cutting, how to do it and implementation process. Let’s check it and taste the best features of new streaming services.