“We estimate 3.74 million (3.7%) US TV subscribers cut their TV subscriptions 2008-12 to rely solely on Netflix, Over the Air, Online, etc, 1.08 million (1.1%) in 2012 alone. We forecast US TV cord cutter households will reach 4.7 million (4.7%) by year-end 2013.”
Earlier this month, President Obama argued that wealthy business people owe some of their success to the government’s investment in education and basic infrastructure. He cited roads, bridges, and schools. Then he singled out the most clear-cut example of how government investment can spark huge business opportunities: the Internet.






