Sunday February 08, 2015

The Latest Numbers Suggest Netflix Really Is Killing Traditional TV

Cord cutters always seem to have a little glint in their eye and wry smile on their faces whenever we run a story on traditional TV's steady loss of customers.The streamers like Netflix, Prime, Hulu, et al are taking a bigger bite than usual according to the latest figures from Nielsen, with the Guardian reporting traditional viewing has fallen 12% in the past year.

The data suggests that it’s services like Netflix, Amazon Instant Video, and Hulu that are greedily grabbing viewers away from traditional TV. Analysts Anthony DiClemente and Benjamin Black from Nomura Securities called the latest results "one of the worst declines we have seen since we launched coverage of these companies."