Eiley pointed to Apple and Disney as two major corporations that plan to launch streaming platforms in the United States later this year. Traditional outlets, particularly cable TV and satellite across Canada, have seen a downturn in subscribers of roughly two per cent each year since 2015, the report said. Last year, Canadian TV subscribers declined by 204,000, and another 253,000 cancellations are expected this year, the report says. "You're starting to see the global platforms enter Canada, and that'll only intensify in the next couple of years." It's one reason why many households still pay for both cable and streaming services, though even that is changing.

Source: Huffington Post April 23, 2019 14:48 UTC