Cutting the cord: 59% of Americans have canceled cable TV, signaling the dominance of streaming giants Netflix, Hulu and Amazon

[MrFredPFL]

Story : https://www.dailymail.co.uk/news/article-6645523/Cutting-cord-59-Americans-cance

Nearly 60 percent of Americans have canceled their cable television subscription – and just 12 percent said they are committed to sticking with their cable package, according to a new survey.

An additional 29 percent of Americans are considering cutting the cord on their traditional cable subscription.

It's a sign of the times, as streaming giants Netflix, Hulu and Amazon Prime continue to draw viewers to their services with a collective $48 billion worth of content, according to the survey of 5,027 Americans aged 18-69 by Waterstone Management Group.

It's good news for the streaming giants – which have made their mark at Hollywood award ceremonies through nominations and wins for their original content in recent years, including Hulu's 'The Handmaid's Tale' and Amazon's 'The Marvelous Mrs. Maisel.'