What's the One Streaming Service Viewers Can't Live Without?
This year will be the tipping point for streaming services. Cord-cutting reached previously unheard of levels last year, and that trend will only accelerate from here.
In 2019, major pay-TV providers lost nearly five million subscribers, down 5.6% year over year, according to Leichtman Research Group. To put that in context, the industry lost 2.9 million subscribers in 2018 and 1.5 million in 2017.
The biggest factor driving audiences to drop cable is the growing availability of streaming services. Consumers were previously limited to major names like Netflix (NASDAQ: NFLX) or Amazon (NASDAQ: AMZN) Prime Video, but they have more choices than ever now -- and consumers still favor one in particular.
Source Fool.com
