1 Chart That Should Scare Cable Companies
It's no secret that cord-cutting is a thorn in the side of the cable industry. As more media companies launch stand-alone streaming video-on-demand services, the convenience of streaming is drawing more and more subscribers away from cable.
Those streaming services have also ushered in a whole group of cord-nevers, young adults that never subscribed to cable or satellite in the first place. A recent survey from Pew Research sheds some light on just how big that group of cord-nevers is. Some 61% of young adults primarily watch television through over-the-top streaming services. That's about twice the percentage who said they primarily watch cable or satellite TV.
Data Source: Pew Research. Chart by author.
Source: Fool.com
AT&T Inc.. Stock
€15.95
-0.800%
With 16 Buy predictions and not the single Sell prediction the community is currently very high on AT&T Inc...
With a target price of 18 € there is a slightly positive potential of 12.87% for AT&T Inc.. compared to the current price of 15.95 €.
