More People Pulling Plug On Cable In Favor Of Online Streaming

News & Views | Gerren Keith Gaynor | 04/21/2014 | 09:00 AM EDT

With Netflix, Hulu and Amazon, viewers no longer need cable to watch their favorite shows

More and more TV watchers are discovering the convenience (and economics) of online streaming services like Netflix, Hulu and Amazon, where some of their favorite television programs can be viewed on your mobile device, computer or even your television set via electronics like Apple TV and Roku.

But with that discovery comes the realization that having a cable service may not be so necessary when online services charge less $10 a month to stream shows like “Scandal,” and even late-night programs like “Saturday Night Live” and “The Tonight Show Starring Jimmy Fallon.”


Though programs are typically not available until a day or so after its originally air date, it's a small sacrifice when considering the hundreds of dollars many households save by pulling the plug on their cable services.

According to the New York Daily News, the average monthly tab for home entertainment such as cable and Internet now runs $154, according to Consumer Reports, which adds up to $1,848 a year, which more than most households spend on electricity.

Knowing this, online streaming services are taking advantage of their rising popularity, offering an increased number of show and movie titles to choose from and, in the case of Netflix, producing their own original shows like the very popular “Orange Is The New Black” and “House of Cards," which have become direct competition to broadcast networks.

Could online streaming be a thing of the future? And more importantly, is cable becoming a thing of the past?

For Americans combating economic strains, going the route of online streaming is certainly a more appealing option when considering the amount of money they would save from eliminating the financial obligations of cable TV.

Still, there’s a long way to go before we live in a world without cable television. Seventy-nine percent of American adults still watch satellite and cable TV, according to the Consumer Electronics Association, which suggests streaming services are a supplement, not a replacement, for cable.

But for the many Americans who have caught on to the online streaming trend, a life without cable isn’t too bad.

Do you think online streaming could one day replace cable TV? Would you cancel your cable subscription?

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