'Cord Shaving' on The Increase → Cable TV is only a small part of it

CATV just happens to be an obvious and easy way for people to cut back on expenses. They're also cutting back on TVs themselves, cell phone bills, driving, dining out, holiday gifting, new clothing, health care, etc. etc. etc. Both the lack of jobs, very low wages and the end of unemployment compensation means they can't afford to buy the stuff these mega corporations are trying to sell to them. They don't have any money any more. These industries should be working to ensure that their customers have the funds to purchase their products. Stockholders do not have the final word. The broke customer gets the last shot.