Consumers are inundated with inaccurate information when it comes to cutting the cord. To be clear, cord cutting is not subscribing to a lot of different streaming services that would end up costing you nearly as much as the TV service that you already have. And cord cutting is not subscribing to a contractual TV service that happens to be delivered over the Internet instead of Cable or Satellite. Cord cutting means no contracts and paying only for what you want.
You’ve already read stories in The Wall Street Journal and other respectable publications suggesting that you can’t really save money by ditching cable. The argument, the experts say, is that cable providers like Comcast, Verizon, Time Warner Cable and AT&T will just make your Internet subscription more expensive once you cancel your cable subscription.
Bear in mind that, if you’re on the ball, there’s also plenty you can watch for free — with no need to subscribe to anything. This may change in the future as major media companies put more of their products behind a paywall, but for now, some major channels (like ABC, Fox, the CW and PBS) make select episodes of their shows available online for nothing, for a limited time after their original broadcasts. You can watch them through a web browser or through an app on your set-top box.
Setting this up was easy, too. We bought an inexpensive antenna at a local store that was on sale and simply attached a coax cable to the back of that antenna (the cable came with the antenna) to the cable port on the back of our television, then simply went into the menu on our television and scanned for channels. It found around 30 of them, and they come in crystal clear in about 480p – not high resolution, but good enough, especially on a smaller television. Once the antenna is set up and running, the programming is completely free.
2010 was the first year that pay television saw quarterly subscriber declines. In the second quarter of 2012, Sanford Bernstein determined that losses took place in five quarters. Leichtman found that the decrease in pay subscriptions was not happening in large numbers. One reason was that some sports events, as well as other types of television (such as series airing on cable-originated networks), could not be seen online. Sanford Bernstein said the number of pay television subscribers increased by 677,000 during the first quarter of 2010, and a poll conducted by The New York Times and CBS News showed that 88% of people surveyed had such a service, and only 15% had considered going exclusively to web services. People under the age of 45, the survey said, were four times more likely to use the Internet only. To combat the trend, pay television providers were allowing people to stream television programs on desktop, laptop and tablet computers. Craig Moffett of Sanford C. Bernstein still stated that high prices and other methods would eventually drive customers away, calling cord cutting "perhaps the most overhyped and overanticipated phenomenon in tech history."
FuboTV ($34.99/mo.): Although it is best known for its wide array of international sports networks — it’s particularly ideal for fans of soccer and college athletics — FuboTV also includes a solid package of basic cable outlets and some local network channels. The service offers 30 hours of cloud DVR storage and a “three-day replay” function, giving subscribers three days to watch broadcasts that they forgot to record (with some exceptions because of licensing limitations).
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The services that we have recommended above are what we call aggregate services, meaning they provide content from many different sources and are going to provide cord cutters with the best value. There are lots of what we call stand-alone streaming services, media companies who charge a monthly fee for you to access JUST their content, and more are popping up every day.
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Netflix ($7.99/mo., $10.99/mo., $13.99/mo.): What HBO has been to premium cable, Netflix has been to subscription streaming services, offering buzzed-about programming that anyone who wants to be “in the know” regarding contemporary television needs to see. It got a head-start on its competitors by producing must-see original content, and it continues to expand its library every month with new series and movies that generate a lot of buzz. (Think “Orange Is the New Black,” “Stranger Things,” “BoJack Horseman” or “Jessica Jones”) The service has been licensing fewer older TV shows and films in recent years, but it still offers a lot of high-quality product from those realms, including great British television, recent CW and Fox series and a surprisingly healthy amount of contemporary foreign cinema.
In fact, with internet television offering the same features as traditional cable at cheaper monthly subscription, you can cut the physical cord and get away from two-year contracts with expensive equipment rental fees. You do need internet access, of course, to take advantage of a variety of streaming services. Some people choose to pay for that access while others prefer to take advantage of free internet.
Your Local Library: Your local library will most likely have a decent selection of DVD movies that you can check out for a week or more. In fact, many libraries will actually buy copies of new releases that you can reserve. My local library tends to be a bit picked over, but if you get on a waiting list you can usually find movies or TV shows you’d enjoy watching.
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As cord-cutting has picked up steam, many cable companies are offering their own "skinny bundle" packages with internet and a few channels for less. It seems counterintuitive, but in 2018, "cutting the cord" can still mean sticking with your current cable company. The important thing when comparing these services is to look at the contract requirements and extra fees. Even if a service price looks the same as many all-streaming packages, if you need to tack on an extra TV box or two the monthly fees will add up quickly.