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

Amazon Prime Is Cutting Off Freeloaders. Could Netflix Inc Be Next?

According to a study by research firm Parks Associates, password-sharing is set to cost the streaming industry more than $500 million worldwide this year. The survey found that 6% of American house...

3 Failures From the Surface Launch

According to research firm Parks Associates, 45% of consumers surveyed expressed interest in the Surface before the pricing was announced. This same survey was conducted after the $599 bundled keyb...

Can This Former Apple Executive Salvage His Tarnished Reputation?

According to the market analysts at Parks Associates, the market for U.S.-based consumer and small-and medium-business tech support is expected to hit $30 billion next year, with households contrib...

Will Amazon Fire TV Benefit From Soaring Interest in Prime Instant Video?

Parks Associates estimates the market for streaming media players will grow 23% annualized between 2013 and 2018 as more of us get used to tuning in on-demand. Naturally, Netflix (NASDAQ: NFLX...