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Outrage over new pricing notwithstanding, Netflix continues to slowly dominate the streaming industry. A new study by research firm Parks Associates has revealed that more than a fifth of U.S. broadband homes now use Netflix streaming.

The ever-larger migration to streaming is part of a larger trend of cord-cutting that seems to be taking place. 22% of the Parks Associates survey respondents saying that they have or will scale back their monthly cable costs.

With more than half of the flat-panel TVs sold this year coming internet-ready, and the majority of broadband households owning at least one internet-connected console or device, the gradual demise of the current pay-TV model seems inevitable to many.
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Will more and more consumers continue to cut the cable cord in favor of online options? Let us know what you think in the comments.
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(via Home Media Magazine)

4 Responses to “Netflix Now Streaming to 22% of Broadband Households”

  1. Visitor [Join Now]
    Chris [visitor]

    I just want to know when we can tell our cable companies to go to H-LL! That will be the BEST day and the best savings in everyone’s lives!

  2. Visitor [Join Now]
    Besser [visitor]

    People aren’t “cutting the cord” because “the cord” is their broadband connection. They’re just dropping the TV service because $7.99 is better than the $39.99 for pay tv service. They can get the networks OTA without much effort (in most areas).

  3. Visitor [Join Now]
    Jimbo [visitor]

    Unfortuneatly what is going to happen is the isp’s will start charging by MB downloaded