What Is the Future of Cord Cutting in 2024? Major Changes Are Coming




man cutting cable cord

2024 has already been a big year as trends have shown cable TV continuing to rapidly decline in the face of cord cutting.

As we get farther into 2024, a lot is happening including the launch of a major new streaming service, which could dramatically change cord cutting forever.

The first major change in 2024 is a growing number of small cable TV companies shutting down TV service or switching to streaming. And, an increasing number of other cable TV companies have announced plans to shut down in 2024 and more are expected to join them before the end of the year.  These closures will drive many Americans who now have no other options but to cut the cord to join the cord cutting movement.

Another major change in 2024 will be the launch of a sports-only live TV streaming service from Disney, FOX, and Warner Bros. Discovery. This service will let Americans pay to access channels like ESPN and FS1 without paying for other channels like CNN or the Disney channel. This could have a massive impact on the dedicated sports fan still paying for cable TV just for live sports.

So, the question is what is next for cord cutting in 2024. For now, the word seems to be bundles and new skinnier live TV packages.

Increasingly, we are seeing bundles of streaming services bringing discounts. If you bundle MGM+ and Starz, you can save more than $4 a month. Other bundles come from places like Verizon, which offers a discount on Netflix if you bundle it with other services.

This trend to bundle services is expected to continue in 2024 as several major streaming services are voicing support for discounted bundles if you pay for multiple services.

Another trend is smaller and less expensive live TV services. Frndly TV and Philo have had great success with their discounted smaller live TV packages. Now with a smaller sports-only package coming, look for smaller live TV bundles as well.

2024 will likely see more options than ever for cord cutters helping drive new cord cutters attracted to smaller and cheaper TV packages.

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