92 Dollars A Month Vs 7.99 Dollars: The 'Cord Nevers' Logic

We had spotted multiple stats on cable cutters - specifically, on Gen-Y cord cutters - we spotted this today:

"“Young people who move to an apartment or get a house for the first time don’t subscribe to any MVPD (multichannel video programming distributor) and they just… get their network programming from Hulu and they get Netflix… As an industry where people pay between $70 and $92 a month, that’s a lot of money to a young person today who is getting their first job when they can go out and watch Hulu for free and Netflix for $7.99. So it’s a threat.”

Statistics Source: GigaOm