Pay TV "Cord Cutting" Is Officially a Real Thing

Cable, on the other hand, has gotten too expensive for what it offers. Most of the cord-cutters are lower income households, says Moffett. TV bills have increased six percent a year, and are expected to continue increasing as the cost of content for cable companies accelerates. People with less disposable income can't keep up. In addition, for just $7.99 for a Netflix account and some (free!) shared HBO Go passwords, you can keep yourself occupied for a tenth of the price. - Rebecca Greenfield

via Streaming-TV Pay TV "Cord Cutting" Is Officially a Real Thing http://www.theatlanticwire.com/technology/2013/08/cord-cutting-officially-real-thing/68032/