USA Report Sees Increase in Cord Cutting

A new report from The Convergence Consulting Group estimates that 3.74 million Americans cancelled their pay-TV subscriptions between 2008 and 2012 in favor of over-the-top platforms; this number is expected to rise to 4.7 million by the end of this year.

The report also indicates that on average, 18 percent of weekly viewing audiences watched one to two episodes of a show on a broadcast or cable network website or via partner distribution site such as CBS Audience Network or Hulu