Providing market intelligence for more than 35 years

The Motley Fool

6.8 Million People Say They're Ready to Cut the Cord After HBO Go Launches -- Are You One of Them?

Cable companies may be in for a rude awakening in the near future.

If a Parks Associates survey is even close to accurate, droves of cable subscribers will cut the cord this spring after HBO rolls out its over-the-top HBO Go service.

Specifically, the survey found "17% of U.S. broadband households are likely to subscribe to an over-the-top (OTT) video service from HBO. Among these likely subscribers, 91% are currently pay-TV subscribers, and roughly one-half would cancel their pay-TV service after subscribing to this HBO OTT service."

Let's break down those numbers and see what they mean for HBO's parent company Time Warner (NYSE: TWX ).

From the article "6.8 Million People Say They're Ready to Cut the Cord After HBO Go Launches -- Are You One of Them?" by Adam Levy.

Previously In The News

What Do Cable Customers Want More Than Anything Else?

Beyond anything else cable subscribers want unlimited DVR storage space. In a survey of U.S. broadband homes, about 51% of those polled told Parks Associates they were "very interested" in that fea...

More Evidence That Apple, Inc. Needs to Refresh Apple TV

Well, Fire TV is catching up with Apple TV and Chromecast just overtook it. We're No. 3! We're No. 3! That's according to a recent report from Parks Associates. The market researcher has rele...

AT&T and Verizon Drag On the Dow; Can Sprint and T-Mobile Really Win?

For AT&T and Verizon, the good news is that most people never switch carriers even when superior plan options become available. According to consumer data from Parks Associates, almost half of mobi...

What Investors Need to Know About the Alarm.com Holdings IPO

All things considered, Alarm.com looks like it should attract strong investor interest. Revenue continues to rise, and profitability is also improving. In its IPO filing with the Securities and...