People Cutting Out Cable To Save
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Updated: 8:00 AM Aug 11, 2011
People Cutting Out Cable To Save
More and more people are pulling the plug on their cable bills to save money.
Posted: 3:35 PM Aug 10, 2011
Reporter: Ashley Mitchem
Email Address: ashley.mitchem@wctv.tv
People Cutting Out Cable To Save Money 8-11 Daybreak
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August 11, 2011 -

The weak economy is hitting Americans where they spend a lot of their free time: in front of the TV.

The Associated Press says more people are canceling cable and satellite TV subscriptions in record numbers.

The main reason appears to be high unemployment and a housing market that has many people living with their parents, reducing the need for a separate cable bill.

Like this woman, others are canceling cable in favor of cheap or free Internet video.

If that's the case, viewers might see more restrictions on online video, as TV companies try to get paid for what they produce.

Latest Comments

Posted by: Uncle Economy on Aug 12, 2011 at 05:33 AM

In order to get the three or four cable channels I watch I had to pay for about 500 channels I don't watch. And then came streaming. Adios cable company and their bloated bill. I say, let the cable companies stew in their own juices: their plight is one of their own making.
Posted by: GV on Aug 11, 2011 at 01:22 PM

I bet you'd like to see taxes raised,though,huh?
Posted by: me Location: tally on Aug 11, 2011 at 11:50 AM

also if your whole family have cell phones no need to have a home phone too.
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