By Melody Miller

A record number of consumers are dropping their cable and satellite TV subscriptions, as the COVID-19 pandemic accelerates the cord-cutting trend of the past decade.

About 6.6 million households are expected to cut the cord this year, according to research firm eMarketer.

That leaves just 77.6 million still paying, a 7.5% drop, the steepest one-year drop on record, eMarketer said.

From the peak of pay TV subscriptions in 2014, 23% of households have now cut the cord.