New research shows Amazon Prime is set to overtake cable TV in terms of popularity in the United States.
According to estimates from Morningstar, nearly 79 million US households now have an Amazon Prime membership, up from around 66 million at the end of last year.
Morningstar suggests more US households may have an Amazon Prime subscription than a pay-TV subscription as soon as next year.
Amazon has begun offering discounts to households in receipt of government assistance and has also introduced a monthly payment plan to lure people who don’t want to pay the $99 annual fee.
