It had to happen eventually. People have been turning to cord-cutting for years to avoid paying higher cable and satellite TV bills. Now, according to the Motion Picture Association of America (MPAA), there are more streaming subscribers than there are cable TV customers.
Streaming passed satellite TV in 2015, but there has always been far more more cable TV viewers than satellite TV customers. The handwriting was on the wall, however. Streaming service subscribers numbers were increasing by over 20 percent every year, while cable TV numbers were seeing single-digit declines annually.
Specifically, online video services, such as Netflix, Hulu, and Amazon Prime Video, grew from 2017 to 2018 by 27 percent. All together, there were 613.3 million video streaming subscribers in 2018, while cable subscribers dropped to 556 million customers. This was a drop of two percent.
That said, cable remains more profitable than online streamers. Indeed, despite its decline in subscribers, cable TV companies saw their revenue increase. Cable TV reached $118 billion in total revenue. This was a gain of $6.2 billion in 2018.
The MPAA also found that most people are not cutting the cable cord. Instead, they’re subscribing to online streaming services and cable TV packages.
In Deloitte’s most recent Digital media trends survey, the research company found: “‘Streaming services versus traditional pay TV’ is not an either/or proposition for many: Consumers often want both. Forty-three percent of US households now subscribe to both pay TV and streaming video services. For live TV news, sports, and TV shows, most consumers still turn to traditional pay TV networks, although live TV streaming services are gaining traction.”
Deloitte also observed that streaming subscribers pay for an average of three services. Why? It’s all about content: “In 2018, 57 percent of paid streaming video users said they subscribed to access original content. This number is even higher among millennials, at 71 percent.”
Overall, we love our television no matter how we get it. In 2018, by the MPAA’s numbers, home entertainment spending — cable, satellite, streaming, and DVD/Blu-ray — increased by $23.3 billion, 12 percent year over year. Streaming, as you’d expect, has the fastest growth, while physical media is on its way out. Between 2017 and 2018, physical media revenue dropped by 15 percent.
So, where do you spend your home entertainment dollar? Let us know in the comments.
Me? I cut the cord years ago. I get my television from a combination of streaming services and over-the-air for my local TV networks.
2021 Hennessey Venom 800 Ford F-150 hits 60 mph in 3.6 seconds
Many Ford fans are looking forward to the 2021 F-150 pickup. The truck is all-new, and the tuners at Hennessey have a special edition for truck buyers wanting sports car performance in their truck. The company says that the Hennessey Venom 800 Supercharged is the most powerful Ford truck it has ever produced.
The Venom 800 Supercharged is also one of the most exclusive Ford trucks the company has ever produced, with only 100 offered for the entire year. Thanks to a supercharger strapped on the 5.0-liter V-8 engine, the truck has 805 BHP and can reach 60 mph in 3.6 seconds. The turnkey vehicle starts with the 2021 Ford F-150 Platinum Super Crew four-door pickup.
The 5.0-liter V-8 is backed with a 10-speed automatic transmission, and the truck has four-wheel drive. Upgrades to the truck include an updated fuel pump system, stainless steel exhaust, E 85 flex-fuel sensor, and engine calibration performed on at chassis dyno. The supercharger and tuning double the stock V8 horsepower rating of 400 BHP.
When Hennessey is done, the F-150 has 805 BHP at 6200 RPM and 727 pound-foot of torque at 4100 RPM on E85. Hennessey brags that that is almost 100 horsepower more than the 2021 Ram TRX. The truck is capable of running the quarter-mile in 11.9 seconds at 116 mph.
It also gets an updated BREMBO brake system with six-piston calipers and 15.1-inch rotors to slow the monster down. Wheels are 20-inch custom units with 35-inch all-terrain tires. The truck also gets an off-road suspension system with upgraded shocks and external reservoirs supporting a six-inch lift. The front bumper is upgraded along with the grill, and the truck gets new badges. Pricing for the vehicle is $149,500 plus delivery, including the donor pickup.
Hispano Suiza Carmen Boulogne: New hyper EV promises more of everything
Spanish coachbuilder and EV maker Hispano Suiza has announced the arrival of its newest Carmen-based hyper-luxury EV: Carmen Boulogne. From afar, the Hispano Suiza Carmen Boulogne shares particular design cues with Bugatti’s Chiron supercar.
However, there’s no mistaking those curvaceous rear fenders, a stiff salute to the brand’s pre-war racing cars. According to Hispano Suiza, the Boulogne name dates back to 1921 when the company built a racing version of its H6 Coupe, where it scored three consecutive victories in the George Boilot Cup from 1921 to 1923.
So yes, the newest Carmen Boulogne hyper EV has some racing heritage to its credit. But like the Bugatti Chiron, Hispano Suiza’s latest creation is a proper grand tourer with impressive performance and a welcome dose of luxury.
Similar to a standard Carmen, the Boulogne has two permanent-magnet synchronous electric motors on each rear wheel. However, those four motors are tuned to squeeze out 1,100 horsepower, 95 more horses than a regular Carmen hyper EV. Meanwhile, the torque rating is at a mind-blowing 1,180 pound-feet, accessible from zero to 6,500 rpm.
And whereas Carmen has a top speed of 155 mph (250 kph), Boulogne has longer legs and can reach a maximum speed of 180 mph (290 kph). The sleek and lightweight carbon-fiber body enables Carmen Boulogne to weigh 132 pounds (60 kgs) less than a base Carmen, allowing it to rush from zero to 60 mph in 2.6-seconds.
Having four electric motors in the rear (and a thousand foot-pounds of torque) might sound like a recipe for disaster, but it’s not. Carmen Boulogne has sophisticated torque-vectoring to prevent you from wrapping it to a tree.
Powering those four motors is an 80 kWh lithium-ion polymer battery pack, good for around 248 miles of effective range. Carmen Boulogne can fast-charge at up to 80 kW DC to replenish the batteries in 30 minutes when the juice runs out.
Hispano Suiza is only building 14 units of the standard Carmen, while only five Boulogne models are slated for production, making it more exclusive than a Pininfarina Battista or Lotus Evija.
If you like Carmen Boulogne, prepare your checkbook as base prices start from $2-million (€1.65 million) at current exchange rates. Each of the five cars will take twelve months to build, and the first delivery will happen in 2022.
Hispano Suiza Carmen Boulogne Gallery
2021 Audi R8 RWD Panther Edition has red wheels and a stealthy vibe
Audi of America has something in store for early reservists of the 2021 R8 RWD sports car. Unique to the North American market and limited to only 30 units, the R8 Panther edition will be the first rear-wheel-drive R8 models to arrive at dealerships this December.
We’ll get to those red wheels in a minute since the 2021 R8 RWD Panther Edition is brimming with likable details, like that Panther Black paint, for example. It has a deep, glossy black finish from afar, but the paint hue transitions from black to deep purple upon closer inspection.
No, we’re not fans of chameleon paint jobs, either, but Audi’s Panther Black paint is a sight to behold. We first saw this bedazzling finish at the 2019 L.A. Auto Show in an Audi RS 5 Panther Edition, but we never thought it’d look so good in the 2021 Audi R8.
Complementing its new Panther Black paint are a bevy of carbon-fiber exterior trim, including the mirror caps, side intakes, and the rear engine cover. Blacked-out Audi badges are standard, too, while 20-inch double-spoke matte black wheels complete the sinister vibe.
And as you can see, those gorgeous wheels have bright red accents. Love it or hate it, those red wheels are here to stay, but standard Michelin Pilot Sport 4 S tires will somehow ease the pain.
Meanwhile, the interior is black-and-red like the exterior. Crimson Red leather seats are standard, while the rest of the cabin is covered in black leather with red stitching. On the other hand, the steering wheel, gear shifter, and headliner are swathed in fine Alcantara.
The 2021 Audi R8 RWD Panther Edition remains motivated by a naturally-aspirated 5.2-liter FSI V10 engine, good for 532 horsepower and 398 pound-feet torque. With this engine, the RS RWD can sprint to 60 mph in 3.6-seconds, while the top speed is at 201 mph.
Additionally, all R8 Panther Edition models get standard sports exhausts along with LED headlights and taillights, dynamic turn signals, illuminated door sills, and a 550-watt Bang & Olufsen audio system with 13 speakers.
Audi said its 2021 R8 Panther Edition will arrive at U.S. dealerships this month. Base prices start at around $183,000 before taxes and destination.
2021 Audi R8 RWD Panther Edition Gallery
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