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Is subscription TV dying?

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So it occurred to me when reading a book written in the 90s that no one I know under 35 or so has cable or satellite tv.(including me) This would likely have been unthinkable in the 90s. I searched around and there are all sorts of articles talking about the decline of cable & satellite TV. Here's a quote from one of the latest ones:

Quote:Cable and satellite TV bigwigs have cause for concern, as research shows dwindling numbers of people picking up subscriptions to watch their shows with companies like AT&T and Cablevision. It’s looking more and more like streaming services may indeed be the future of television.

New research from Leichtman Research Group released Tuesday shows that the U.S.’s thirteen largest pay TV providers added just over 10,000 subscribers in the first quarter of 2016. That sounds like a good thing, but during the same quarter in 2015 those companies added around 170,000 subscribers, equating to a drop of over 90 percent year-over-year.

It was particularly bad for AT&T. Its U-Verse service lost 380,000 subscribers, bringing its total down to 5.26 million. That, Leichtman reports, is the largest drop by any provider ever in any single quarter.
Source

Does this sound similar or different to how things are where you live? Are most people you know "cord-cutters" or do they have a cable or satellite tv subscription. Why do you think the rate of subscription TV subscribers is lessening?

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