PlayOn and a Blue Label PC make cutting cable easier

With more access to movies and TV shows from the Internet to their TVs, consumers are continuing to look for ways to cut the cord with their cable company. The Yankee Group predicts that in the next 12 months, one in eight consumers will drop cable in favor of an alternative source for getting the same entertainment on their TV. With this in mind we set out to test two ways you can cut the cord without giving up your favorite shows:

First, we looked at PlayOn, a software service which works with the Xbox 360, PS3, Wii and other supported devices to stream content from many providers including Hulu, Comedy Central and several Sports right to your HDTV. PlayOn reports that 38% of their users have cut their cable service and are saving up to $1,400 a year.