U.S. investment banking company Piper Jaffray found that 37% of teens surveyed prefer watching videos on YouTube overall others. Second was Netflix, which came in at 35%.

The cord-cutting continues. Cable TV ranked third, down to 12% from 14% in the spring survey.

The survey also found that only 7% of teens preferred Hulu and only 3% Amazon’s Prime Video.

Annie Palmer, writing for CNBC »

Netflix has had a rough couple of months, with shares falling more than 27% in the last three months. The company reported a rare subscriber miss in its earnings report for the second quarter and faces growing concerns from investors who fear it may face steep competition from the bevy of streaming services being launched from Disney, Apple, AT&T and more.

Read more at CNBC »