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Teens are watching YouTube more often than cable TV for the first time

For the first time, teens are watching YouTube more often than cable TV, according to a new survey by investment bank Piper Jaffray. On Friday, Piper Jaffray released its semi-annual survey of 10,000 teens, and it showed YouTube inching over cable in daily use. 26% of teens said they watched YouTube every day, whereas only 25% said the same of cable TV.