Cable Companies Expected to Lose 5% More Subscribers from Cord-Cutting in 2020

cable companies expected to lose more subscribers in 2020

The S&P Global Ratings released a new report recently. It expects cable companies to collectively lose 5% more subscribers this year. This is an increase from a prior projection of 3.30%.

MarketWatch highlighted the report’s findings. They said that cable, satellite, and telecom TV providers are expected to lose roughly 5.1% of subscribers in 2020. This is attributed to the ongoing cord-cutting trend.

Credit analyst Naveen Sarma gave his perspective on the report. He believes that the 2020 forecast has more potential for things to go worse than for things to improve.

“We believe there is greater downside risk than upside potential to our 2020 forecast.”

This isn’t a shock, as cord-cutting keeps growing and shows no indication of slowing down. Netflix, Hulu, and Disney Plus are some of the biggest names in cord-cutting. The options for streaming services just keep increasing.

NBC News recently published their own findings on the matter. They found that the number of Americans cutting the cord is projected to increase. It’s expected to climb from 25.3 million in 2020 to 34.9 million by 2023.

With all this news about cord-cutting, you might be wondering how to begin. Here’s some guidance on where to start.

Best Cord-Cutting Guides

If you’re considering ditching those costly cable packages, you’ve come to the perfect spot! Maybe someone you know is on the fence. Either way, we can help.

Our cord-cutting tutorials, reviews, and news content have assisted over 4 million visitors. Whether you’re into Live TV, movies, TV series, or tech reviews, we’ve got you taken care of.

Here are some of our top cord-cutting resources to help you make the switch. These will get you started on your cord-cutting journey.

Streaming Devices

Our tutorials can help, no matter what device you’re using. Maybe you’ve got an Amazon Firestick, Fire TV, or Fire TV Cube. Perhaps you prefer an NVIDIA Shield or a different Android TV box. We have guides for all of them.

If you happen to be using an Amazon Fire TV device, our most popular guide is a must-read. You can find it just below.

How to Jailbreak an Amazon Firestick/Fire TVĀ 

Live TV

If you’re after top-notch Live TV, IPTV services are the way to go in our opinion. Our full IPTV guide has all the info you need to know. You can access it below.

TROYPOINT IPTV Guide

Other Popular Cord-Cutting Tutorials

Our visitors have found the following TROYPOINT resources to be very useful for their streaming endeavors:

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What are your thoughts on this latest cord-cutting news? Do you intend to cut the cord in 2020?

Share your thoughts with us in the comments below. We’d love to hear from you.

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