Roku recently shared their earnings report. It included a prediction that roughly half of all US households will cut the cord by 2024. Roku has seen similar success to Amazon and NVIDIA. They benefitted from this cord-cutting trend. The company also announced strong 2019 Q4 earnings. It surpassed what industry analysts expected.
Here’s what Roku said in regards to the earnings report:
“New services and the expanding investments in original programming are improving the streaming experience. The programming is exclusive to streaming platforms. We’re seeing more viewers spend their time streaming. They’re spending less time with traditional pay TV. Many consumers are leaving the old pay TV ecosystem behind altogether. We anticipate that around 50% of TV households in the US will have cut the cord by 2024.”
This might not be a shock to some. After all, we have a rising number of streaming services on the market. But the idea of 50% of households ditching cable or satellite in just 4 years is a big deal!
The National Telecommunications and Information Administration reported some data back in 2017. According to them, “73% of U.S. households had a cable or satellite TV subscription at that time.”
Roku’s been doing well, and it’s tough to ignore. But we also suggest you compare it to a popular alternative. Check out our Roku vs. Firestick analysis below.
Roku vs. Amazon Firestick – Find Out Which Streaming Device is Better
So, this news might have you thinking. How do you actually cut the cord? You’re in the ideal spot to find out.
TROYPOINT Cord-Cutting Guides
We’ve got tutorials, reviews, and all the latest news. Over 4 million cord-cutters have found them super helpful. Whether you’re into Live TV, movies, or TV series, we’ve got you covered. We’ve even got tech reviews.
Here are a few of our top resources. They’ll definitely help you as you make the switch!
Streaming Devices
We have guides for all kinds of devices. These include the Amazon Firestick, Fire TV, Fire TV Cube, NVIDIA Shield, and any Android TV box.
If you’re just starting out, our in-depth streaming device reviews are a good place to begin:
If you’re already rocking an Amazon Fire TV device, check out our most popular guide. You’ll find it below.
How to Jailbreak an Amazon Firestick/Fire TV
Live TV
When it comes to Live TV, IPTV services are generally your best bet. You can learn more by exploring our comprehensive IPTV guide.
Other Popular Cord-Cutting Tutorials
We have even more resources that people find really useful. Here are some of the favorites among our visitors:
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We’d love to hear what you think about this news. Do you plan on cutting the cord this year?
Share your thoughts below in the comments!