Netflix, YouTube drive big rise in cord-cutting this year

July 24, 2018

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If you are one of the millions of Americans who has cut the cord from cable or other traditional pay-TV providers in exchange for streaming services such as Netflix, you are about to find yourself with a lot more company.That’s the forecast from a study about cord-cutting and the streaming TV market from research firm eMarketer on Tuesday. EMarketer said that the use of so-called over the top (OTT) streaming services continues to grow and eat away at the position of pay-TV providers so much that this year, 33 million Americans will cut the cord. That would mark a 33 percent increase over a year ago and would be higher than the 27.1 million cord-cutters eMarketer had previously forecast for 2018.

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Cinemark

Headquartered in Plano, TX, Cinemark Holdings, Inc. is a leader in the motion picture exhibition industry with 533 theatres and 5,957 screens in the U.S. and Latin America as of September 30, 2017. Our circuit is the third largest in the U.S. with 339 theatres and 4,562 screens in 41 states.

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Spotlight

Cinemark

Headquartered in Plano, TX, Cinemark Holdings, Inc. is a leader in the motion picture exhibition industry with 533 theatres and 5,957 screens in the U.S. and Latin America as of September 30, 2017. Our circuit is the third largest in the U.S. with 339 theatres and 4,562 screens in 41 states.

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