Economic bummer: 6.9 million homes ditch cable TV | WashingtonExaminer.com: It started with homes, then cars, and now penny-pinching Americans, especially minorities, are giving up cable TV because they just can't afford it in the lingering recession.
Instead, they are switching back to free TV, improved with the recent switch to digital broadcast which requires a special antenna but eliminates the $70-$100 monthly cable, satellite or broadband service fee.
Industry officials had worried that Americans would begin "cord-cutting" in a shift to internet TV, but the recession is more to blame, not internet bling.
"It's not so much cord-cutting as cost-cutting that's motivating this. There's possibly recessionary issues here," said Dennis Wharton, spokesman for the National Association of Broadcasters.
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