Streaming becomes mainstream as cord-cutting accelerates
CHICAGO - Cord-cutting is not just for millennials anymore.
Fed up with high prices and bloated packages, millions of Americans cut the cord on cable TV in 2017, finding refuge with a growing number of streaming services, which deliver lower prices and a competitive channel lineup over the internet.
"This was really the year that cord-cutting went mainstream," said Craig Moffett, a senior analyst at the research firm MoffettNathanson. "It was mostly based on the availability of compelling services."
Internet television, also known as over the top, bypasses cable and delivers video directly to viewers through a broadband connection. Major players include subscription video-on-demand services such as Netflix, Amazon Video and Hulu as well as livestreaming services such as Sling TV and DirecTV Now, which
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