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cutting the cord doesn't necessarily mean cutting the cost

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cutting the cord doesn't necessarily mean cutting the cost

tahlia hein moved to new york city on a tight budget and without a tv. when she and her roommates finally got one, chipping in for cable on top of a $50 utilities bill per roommate just wasn’t feasible. so she opted instead to subscribe to tv streaming services like netflix and sling tv.cutting the cord, she said, “was very liberating.”forgoing cable and satellite tv is a decision that’s increasingly common — 1 in 7 americans is a cord cutter and an additional 9% have never had a cable or satellite tv subscription, according to pew research center. in the first three months of the year, cable and satellite services lost about 762,000 subscribers, about five times as many the same period last year, according to research firm moffettnathanson.with the average monthly price of cable or satellite tv hovering around $100 in the u.s., cutting the cord can save consumers hundreds of dollars each year.that is, until they start subscribing to streaming alternatives.cord cutting has been heralded as a consumer-friendly revolution that lets audiences pay only for the content they enjoy. but as the market becomes more crowded and competitive, it’s uncertain whether digital-only services will necessarily prove less expensive than the cable and satellite services they’re quickly supplanting.that much is clear already to customers who rely on multiple streaming services, such as hein, who wound up subscribing to sling tv, netflix, cbs all access and amazon prime.“sling is ho...