PeerLogix, Inc. announced the release of its OTT Monetization Platform, a full suite of solutions for empowering Over-the-Top publishers of original and curated content. OTT is intended for households looking to 'cut the cord,' which is defined as a cable subscriber dumping their cable television subscription. More than 1.1 million households 'cut the cord' in 2015, with about the same number expected to get off the cable bandwagon this year, according to market research firm Convergence Consulting in its annual 'Couch Potato' report. The cord-cutting trend has accelerated in recent years along with the growing number of consumers who have never subscribed to cable television (a total of 24.6 million households, or 20.4% of all U.S. households were cable-free at the end of 2015). That figure is projected to rise to 26.7 million households, or 21.9% of all U.S. households, by the end of 2016, per Convergence Consulting.