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Netflix Users Cut Cable, Satellite At Record Pace: Report

Justifying a $50+ month cable or satellite subscription is getting harder to swallow -- particularly when services like Netflix offer a huge database of TV and movie content for just $8 a month. In fact, a new report shows that many people are tired ... of those hefty cable bills, and are ditching their subscriptions in favor of Netflix. Dallas, Texas-based media research firm Diffusion Group is responsible for the report, which included a survey of 2,000 American broadband users. The report suggests that Netflix members were twice as likely as non-members to cancel or drastically reduce their ... (view more)

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