Al Caicedo: Millions are cutting the cable cord and the loss is huge

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Al Caicedo, President, and Owner, of CKS Summit Group discusses with Kurt Schemers on Traders Nation® how consumers are cutting the cable cord, and in particular, an estimate of 5 million customers are projected to say goodbye to their cable company in 2018. Losses are expected to range into the billions of US dollars.

Tune in to find out who’s letting loose of their cable company, and where they’re taking their entertainment business. And, discover how cable companies are combating the loss of customers and revenue. Lastly, legacy issues are forcing cable giants to be slow on the move to maintain market share – will it cost them dearly in the end? We have all the numbers and outlook – tune in today to find out what they are.