Watch out: We’re starting to see the beginnings of a trend of people getting rid of their cable and satellite TV subscriptions in favor of Internet streaming. One in eight consumers will eliminate or scale back their cable, satellite or other pay-TV service this year, according to a new study released this week by Yankee Group.
Interesting, the biggest reason why customers will cut the cord, according to the study, is the growing cost of pay-TV service — which is increasing on average 5% a year.
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