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posted by cmn32480 on Friday June 16 2017, @02:57PM   Printer-friendly
from the cord-cutters dept.

Submitted via IRC for TheMightyBuzzard

According to Leichtman Research Group, the country's largest cable TV providers, representing around 95% of the cable market, had 48.6 million subscribers at the end of March, while Netflix had 50.9 million customers on its home turf.

While cable only represents around 50 percent of the U.S. pay-TV market as a whole, it is by far the most popular way of getting pay-TV in the country. For Netflix to surpass cable is a big step in becoming the number one source of home entertainment. Interestingly, Netflix reached that goal mainly by growing its own subscriber base rather than by having people "cut the cord". Major cable providers only lost 4 million subscribers since Q1 2012 – Netflix added 27 million.

Infographic: Netflix Surpasses Major Cable Providers in the U.S. | Statista

Source: https://www.statista.com/chart/9799/netflix-vs-cable-pay-tv-subscribers/


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  • (Score: 1, Informative) by Anonymous Coward on Friday June 16 2017, @04:55PM (1 child)

    by Anonymous Coward on Friday June 16 2017, @04:55PM (#526510)

    Internet is like Power, Water, Sewage, Trash nowadays. It should be a community funded initiative for the good of the community.

    Mind you many places (including my own!) have been privatizing as many of those as fast as they can with the expected decline in infrastructure maintenance and increase in bills, so YMMV.

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  • (Score: 2) by Grishnakh on Friday June 16 2017, @05:47PM

    by Grishnakh (2831) on Friday June 16 2017, @05:47PM (#526528)

    That's still centralization, it's just that your ISP is owned and operated by your municipality instead of some private company. I like it, it's a lot better than Comcast IMO, and worked well in Chattanooga from what I've read, but this isn't like what the OP was promoting, which is total decentralization. But again, it is preferable IMO, and is less centralized I suppose since each municipality manages its own internet service instead of having some giant corporation being the de-facto monopoly ISP to millions of people across several states.