Some folks still aren’t familiar with the phrase “cord-cutting” -- most of my older family members, for instance. They’re still inextricably tied to their cable bills. “It just makes it easier to have the whole cable package,” said one older gentleman, who might be related to me. “I don’t want to have to remember a bunch of passwords for a bunch of different services.”

Fair enough, I say. While anecdotal, this story isn't surprising. Whether these fogies believe it or not, 25 percent of American homes have decided to cut the cord and no longer subscribe to cable or satellite television. Predictably, the majority of these homes have at least one resident who belongs to the millennial generation. Younger consumers have started the trend, but studies reveal that cord-cutting is on the rise in households with members of all ages.

And why not? We'


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