Streaming video has surpassed cable subscriptions worldwide

In particular, it highlighted the rapid growth of streaming video, which grew to 613 million subscriptions worldwide, an increase of 27 percent over 2017. Streaming video subscriptions surpassed cable for the first time

When it comes to streaming video, the MPAA reports that subscriptions surpassed cable television for the first time, with 131.2 million new subscriptions added, rising to 613.3 million worldwide, a jump of 27 percent over 2017’s numbers. What the report does lay out, however, is that online streaming video is still growing, and TV programming takes up the lion’s share of what it calls views / transactions.

Source: www.theverge.com