Consumers having been “cutting the cord” for years now, but the trend has accelerated in recent years.
There’s little reason to believe that this phenomenon will slow down any time soon, so pay-tv providers have to find new ways to generate revenue as their primary source continues to erode.
One of the most prominent methods media companies are using to recuperate cord-cutting losses is by launching their own direct-to-consumer streaming service.See the rest of the story at Business Insider
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