This does not surprise me one bit. It's not just a bid to save money for some consumers (although certainly true in the case of some). It's that cable companies have failed to move with the times.
People simply don't have time these days to sit down in front of a TV every Tuesday night for the latest episode of whatever. More and more people are just too busy - and too busy to bother setting up a recording, too. I see the appeal of Netflix first-hand - I'd far rather be a season or two behind on a show I like, so long as I can watch it anytime without bothering to set up recordings. Another old-school thing about cable: many of these don't save your spot in a recording for more than 24 h if you pause a recording. This is ridiculous! How many people have the time (or the mood) to go back to a show within 24 h? By contrast, Netflix saves your spot for ages (I can't remember how long, but it's really long, like weeks). And on top of this, cable companies charge many times the cost of Netflix! Cable is just very poor value for money and has failed to move with the times, so I'm not surprised that the 3 big cable companies will be hard-hit in 2018.
Sure it is,plus most of the stations and the programs said stations offer are just crap are just crap,add to that all the added commercials...Only 23 minutes of the program are actually program,the rest is commercials. About ten years ago,I noticed commercial creep,especially on the SciFi channel.
We cut the cord about 10/11 years ago and I really don't care.