New Estimate Shows 800,000 People Ditched TV for the Internet

With just about every cable and national network providing some sort of access to their content online, the need for traditional TV subscriptions is becoming obsolete. The person who only watched a couple hours of television daily now can get his fix from sites such as Hulu.

A new estimate by The Convergence Consulting Group states that more than 800,000 people not only consume their TV online, but completely ditched their cable boxes and satellite receivers for an internet run television. While of course this doesn’t even put a dent into the massive $84 billion industry that is television, it has been an interesting trend to follow.

In fact, since online video has become so convenient, many analysts agree that the 800,000 people depending solely on the web could easily double within the next year. So the question is, could you survive on only online video? I think many people would be surprised at just how much is available for free online.

But even more interesting, I think they would enjoy not being tethered to a contract from some cable mogul, relying on their technicians to keep media streaming to their house; which is an inconvenience for everyone.

Read [The Convergence Consulting Group] Via [TechCrunch]