The young continue to cut the cord on cable. By our measurements, 27% of Americans age 18 to 34 don’t pay for cable or satellite TV service, and another 8% intend to join them in the next six months. That’s an accelerating rate, as you can see in the chart below.
Of those intending to cancel cable/satellite TV, 55% cite the high cost as the reason. What are cord cutters watching? Here are their subscription numbers: Netflix (54%), Amazon Prime (24%), Hulu (19%), and HBO Now (5%).