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“If you ask any cohort of young people if they will ever pay for Netflix or video services, the answer is unequivocally no,” said Mike McCormack, an analyst at Guggenheim Securities.

Ah, yes, "young people" are the problem here. No one born before the 90s has ever stolen cable...

Growing up, tons of families had chipped cable boxes in my neighborhood (including cops & judges). My dad calls me once a week to ask how to stream this or that for free.

What a joke.



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