Recently we have been hearing about how cord cutting now costs more than cable TV, but a new report from Scripps Network puts that claim to rest.
According to a survey Scripps Network conducted, the average cable TV customer now pays $146.2 a month for just TV, both with cable and streaming services.
It has even been reported recently that the total average cable TV bill is now $217.42 a month when you add in the internet cost, fees, taxes, etc.
According to Scripps Networks, the average TV bill for cable TV is $103.90, but cable TV subscribers also pay an extra $42.30 a month for streaming services. This has been a growing trend recently as cable TV no longer gives customers access to everything. Now with a growing number of news shows and sports networks becoming streaming exclusives, cable TV subscribers have to pay for cord cutting services to get the shows they want.
A few big examples have been Peacock putting a growing number of sporting events behind a paywall. Paramount has put the new Star Trek shows exclusively on Paramount+.
This growing trend of cable TV subscribers paying for streaming services should be raising red flags for executives at Comcast, Spectrum, and more. According to our readers, one of the main reasons people cut the cord is they find a majority of their viewing is already happening on streaming services. As networks put more and more shows exclusively on streaming, many are wondering why they pay for cable TV.
Right now, you can bundle Disney+, Paramount+, Peacock, and HBO Max for just $27.96 a month and get a massive catalog of movies, TV, shows, live sports, and even live feeds of some networks. With that being the case, many are starting to wonder why they would pay for a live TV service.
Dose it surprise you that cable TV subscribers are paying $42.30 a month on streaming? Did you pay for streaming when you had cable TV? Leave us a comment and let us know how much you paid for TV before you cut the cord or still do pay now.