Amazon Prime Set to Become More Popular than Cable TV
SEATTLE—New research shows Amazon Prime is set to overtake cable TV in terms of popularity in the United States.
According to estimates from Morningstar, nearly 79 million U.S. households now have an Amazon Prime membership, up from around 66 million at the end of last year.
Morningstar suggests more U.S. households may have an Amazon Prime subscription than a pay-TV subscription as soon as next year.
Amazon has begun offering discounts to households in receipt of government assistance and has also introduced a monthly payment plan to lure people who don’t want to pay the $99 annual fee.
This story originally appeared on TVT's sister publication TVB Europe.
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Jenny has worked in the media throughout her career, joining TVBEurope as editor in 2017. She has also been an entertainment reporter, interviewing everyone from Kylie Minogue to Tom Hanks; as well as spending a number of years working in radio. She continues to appear on radio every week and occasionally pops up on TV.