According to data from GfK’s 2016 Ownership and Trend Report, 17 percent of U.S. homes now access Video on Demand Services only, up from 15 percent last year. Additionally, 6 percent of homes use streaming services exclusively, up from 4 percent a year ago.
“The fact that a statistically significant increase in broadcast-only reception occurred over just one year may be further proof that the cord-cutting/cord-never phenomenon is accelerating,” says David Tice, senior vice president for GfK’s Media and Entertainment practice.
Homes with a resident between 18 and 34 are more likely to use pay TV alternatives, while those with a resident 50 or older are more likely to have a pay TV account. About 3 percent of U.S. homes don’t have a TV.
To read more about it please click here
