Americans Now Pay More For Streaming Services Than Cable TV

| March 20, 2019

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The writing has been on the wall for some time that streaming would soon usurp cable, and now it seems as if we’ve finally reached that milestone. According to a new survey, more people currently pay for a streaming video service than those who subscribe to traditional pay TV services. The new data were published this week by the consulting firm Deloitte, who found that 69% of consumers pay for some type of internet video streaming service, while only 65% of consumers pay for cable or satellite subscriptions. That’s a huge increase from 2009, when just 10% of consumers subscribed to internet video services, and a 10% rise from 2019.

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Iconic Entertainment Inc.

IconicTV combines one of the top management teams in media, channels with top tier talent, and a unique vision for the long-term prospects for this new over-the-top space.​A new kind of digital entertainment company, IconicTV is dedicated to building the best multi-channel network. We leverage the formidable footprints of top-tier, best-in-class brands to create the world’s highest quality MCN (multi-channel network) and most-subscribed-to OTT (over-the-top) media platform.IconicTV is headed by the unbeatable team of Larry Aidem and Michael Hirschorn, seasoned media executives with broad experience in both traditional and digital media, and incomparable track records. Larry managed the Sundance Channel from the ground up and in 10 years sold it for $500 million. In his four year tenure as head of programming at VH1, Michael doubled ratings and more than tripled revenue. A unique ability to leverage their traditional media know-how in this new digital landscape makes Larry and Michael

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