Sling TV is quickly looking to be the new hot streaming service in 2016. With still no real competition (Yes I know there is Sony Vue, but it costs more than cable) and an aggressive plan to grow in 2016 Goldman Sachs now says they expect Sling TV to more than double in size.
Subscriber numbers may not seem interesting to cord cutters because you either subscribe or you don’t, but the big picture success of streaming services is important to cord cutters. If a service does well it will continue to grow and offer new options to cord cutters. If investors and companies see cord cutting doing well, they will create new cord-cutting services.
Although no official numbers have come from Sling since June 30, 2015, when they had 240,000 subscribers many are putting their current subscribers as high as 500,000. Goldman Sachs is predicting that Sling TV will jump to more than 2 million subscribers by the end of 2016.
Now this still puts Sling TV far behind Netflix, which has well over 60 million subscribers; however, Netflix can hit such high numbers because it is available almost worldwide. Netflix also has been streaming for many years whereas Sling TV has only been available in the United States for less than a year.
Although Sling TV is far behind Netflix, they are quickly catching up to Hulu and other smaller services. Their growth rate also looks strong, and they could be positioned in 2017 to jump far more popular services.
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