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January 30, 2017
Over 80% of us subscribe to some form of pay TV service, whether cable- or-satellite based. We get hundreds of channels, most of which we do not watch. And while the service is generally good, the monthly cost continues to go up. According to research firm Parks Associates, the average U.S. monthly pay TV bill is $84, but many pay more. With premium channels and high-speed internet service bundled in, monthly bills are often ballooning to over $200 per month (too much even for the generally affluent).
From the article "Is It Time to Bring Back the TV Antenna?" by Lou Frenzel.
It's also comparable to the 9% annual churn for Netflix (NASDAQ:NFLX), which tops all streaming services, and much better than the 50% rate for Hulu, according to research from Parks Associates. Aside...
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