More and more Americans are ditching cable and satellite TV in favor of Pay-TV delivered via internet protocol. According to research group IHS, U.S. IPTV providers saw a net increase of 398,000 subscribers in the second quarter, while cable and satellite providers shed 588,000 and 162,000 subscribers, respectively. On aggregate, U.S. Pay-TV providers lost 352,000 subscribers between April and June, as the cord-cutting trend continues.

via • Chart: The Rise of IPTV is Hurting Cable Companies | Statista.