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Report: Netflix Really is Hurting Cable

downloadThe evidence continues to pile up that consumers are becoming less and less enamored with cable and turning increasingly to online solutions. Consumer research firm Experian recently conducted a survey that found households with a Netflix or Hulu subscription were almost three times less likely than the average household to pay for a cable subscription.
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Experian senior marketing manager John Fetto observed the following about his firm’s research:

“We had looked at cord-cutting as a trend in years past, but we hadn’t really seen significant movement in the space because it was more a small group of people who were actually cutting the cord . . . It’s become something people are actually doing from something that was just being talked about in New York Times trend pieces.”

Do you consider yourself a cord-cutter? If not, how much longer do you plan on paying a cable bill?
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[via Business Insider]

21 Responses to “Report: Netflix Really is Hurting Cable”

  1. Visitor [Join Now]
    Vernon Dent [visitor]

    As an early “cord cutter”, I ‘ve noticed the inevitable… that ISP fees keep going up and up.

    I only wish that there would be an alternative to use as leverage to get a more reasonable monthly rate.

    When is Google or other ISPs going to offer services against Comcast. do I have to move or relocate my business?

    • Member [Join Now]
      Bwatson952 [bwatson952]

      Considering there’s a Federal Law that prevents Other cable companies from coming in as competition to comcast, Probably yes. :P I think the law is kinda stupid, since it defeats the purpose of competition.

      • Member [Join Now]
        Bwatson952 [bwatson952]

        I should’ve said a law against 2 cable companies supplying 1 town, it’s limited to 1/town or city. They won’t allow competition to come in, unless it’s in the form of dsl/satellite, which are both usually horrible speeds/connections.

  2. Visitor [Join Now]
    Captain Betty [visitor]

    Cut the cord over a year ago. Have hulu and netflix (familly plan) and a Mohu antenna to get local channels. won’t go back. Just have internet (which I also use Ooma for home phone – even though we all have cell phones).

    • Member [Join Now]
      cubsfan68

      Same here. I dropped my DirecTv about 9 months ago and kept Netflix and Hulu which I watch via Roku. I’m saving over $100/ month. I bought the Mohu antennae on Amazon for about $60 and it works great. I live alone and don’t watch much TV so I don’t see a reason to ever go back.

  3. Visitor [Join Now]
    Kevin Clough [visitor]

    I keep basic cable so I’m not technically a cord cutter, but my internet would cost $10 more per month if I cancelled basis so the net increase for basic is only $10 (about the price of a netflix or hulu subscription). I think it is just a matter of time before high speed internet gets price controls just like electricity since the cable companies have a near monopoly and it has become a necessity.

  4. Visitor [Join Now]
    Greg [visitor]

    I cut the cord 1.5 years ago when I was unemployed. I have not returned even though I am currently employed. I have Netflix(streaming only) & Amazon Prime. My antenna is just great for over air transmissions. I do miss the sports I cannot get because you must have cable subscription to get for example ESPN3, but have learned to live w/ out it or go to somewhere or someone(family) that has ESPN. It all works out. Saved $150.00 per month & have no land line. Just can’t justify spending all that money for cable I hardly use w/channels I do not need or want. All is well.

  5. Visitor [Join Now]
    Lisa Ovalle [visitor]

    I’ve never had cable, even growing up, so I don’t see what’s the big deal (people reactions to this can hilarious btw). I have HuluPlus and Netflix and that seems fine.

  6. Visitor [Join Now]
    Buzz Killington [visitor]

    I cut the cord probably 6 months ago and don’t miss it, but I echo what other people have said. Although I save $65 a month on Dish Network, my Cox internet bill has gone from $48.99 to close to $60 in only 4 years. So they’re going to get their money somehow. Satellite will hurt the most because they don’t have an internet offering (or they have a poor one) to fall back on.

    In a few years Internet will be $75-100 and the speeds will still be pathetically slow. So while you can cut the cord, they’re just going to jack up the other rates to make up for it.

  7. Visitor [Join Now]
    Lucy [visitor]

    I didn’t have much of a choice. When I moved years ago, I couldn’t afford cable and internet on my own. I had Netflix back when you paid one price for streaming and dvds. I went out, bought a Roku and never looked back. I still only pay for internet but the service has been iffy.

  8. Visitor [Join Now]
    Doug [visitor]

    Cut the cord about 5 years ago and have never looked back. I don’t care about sports so that wasn’t a problem. What I discovered was that I was missing some great shows on network TV while I’d been watching reruns of Law and Order on cable. Cable companies need to drastically change their business model or they will go the way of beta max. Consumers want to pay for what they want to watch, when they want it not a bunch of crap they will never watch.

  9. Member [Join Now]
    dkwilley

    I cut the cord almost 5 years ago, use Hulu for regular TV (have antenna but the signals here get pretty iffy, so I just use Hulu as a DVR substitute instead) and Netflix streaming. I don’t miss cable at all. I use my local library to get newer movies and seasons of cable shows (or CBS shows since they don’t license to Hulu) to fill in my summer months. Using Frontier FiOS rather than Comcast cable saves me about $20 a month (I pay 47 a month) and the price has only gone up $1 in the 3 years I’ve had it. I will never have cable again….

  10. Member [Join Now]
    JoeZilch [joezilch]

    People have been asking the cable companies, for years – no! decades, to let us pick and choose our channels. They didn’t listen. Now, slowly, people are seeing other options are enough content to make rethink their bills. I cut the cord years ago and I won’t go back. I don’t need to pay for 90 channels to get the one I want to watch.

    Conversely the “my internet bill has gone up” point is rather meaningless considering so has every other bill and commodity. The economy is crap still and inflation still exists.

    The bigger money problem is with every company putting out their own services like Warner Archive & HBO Go. This is where we’ll see the content wars play out because people won’t pay $10+/month for 15 different channels. You’ll see HBO Go create their own channel and a dozen other companies follow suit and fail because few companies create enough quality content to justify their existence. You can slap 8 reality shows together and make a new channel on a cable package and get some suckers to watch, you can’t as easily convince them to pay for just that without any truly original content.

  11. Member [Join Now]
    uilani

    I still have cable as I love sports and shows like The Americans, Helix, and The Walking Dead.

  12. Member [Join Now]
    celestin

    I have dish until my contract is up. Not going to continue after that – will stick with streaming

  13. Member [Join Now]
    emmymayne

    I have had Neflix for years now. I love it. It better in bringing new stuff, and no commericals, no nonsense. I do have antenna and get local that I seldom watch, but I do enjoy PBS and BYU, so I am pretty covered for viewing a BooB Tube. Anything else and I rent a Redbox and that is rare as well. Hate to return them, but the price is right and it does have movies fast. Don’t do any games or get them for my grandchildren, we’ll go for nature hikes or sew or cook, before games. They can play cards with me or their children games. But my 8yr granddaughter would like new Dinosaur stuff if that person is listening to these comments. Thanks for all you do.

  14. Member [Join Now]
    majikalone

    I have Netflix and use a HD antenna to get my free local stations. I am a Walking Dead fan, and use Amazon to get all the latest episodes. When I first cut the cord I thought I would miss something…the fact is, I never watched most of that stuff anyway!!! I am amazed at how much I save, and that I never run out of something I actually want to watch. Bye bye directv…cable, no freaking way…never again!!!

  15. Visitor [Join Now]
    DanoFive0 [visitor]

    The thing will be this…
    Its all going to change in the next year.
    The Net as we know it will be gone. And there will be fast lanes and caps on your use. And the caps will put a big dent in NetFlix, Hulu, RedBox,Amazon, and Warner Bros .All the Online movie and Tv will come to a big slow down.
    Do you know that if you watch one HD movie on NetFlix every night.
    But the end of the month you will be pushing you cap on the net use. If Com Cast gives you 300GB a month. What if they only give you 250GB as they are doing in some places now. What if you have a family of 4,5 that all use the net foe things..
    You will be over in no time.. And the Cable Co and all are just jumping up and down.. Ready to shaft you..

  16. Visitor [Join Now]
    Trevor [visitor]

    I’m not technically a “cord cutter” because I never subscribed to cable. Too much money for a whole lot of junk. But everything we watch on our TV has come from the Internet for many years now, ever since the first Roku box came out.