Four of the major reasons are Netflix, Apple TV, Google TV, and Microsoft XBox. Netflix alone added 4.1 million subscribers in the third quarter. Another main reason is the availability of free online content such as YouTube, Hulu, and other video/tv networks.
At the current rate, cable companies may continue losing 1.5% of their subscribers annually.
People may continue to part with cable and use the internet more just as they did when moving from landline phones to cell phones in the past.
Apple TV with 160GB Hard Drive - MB189LL/A