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.

These results continue two trends: down for cable TV, and up for YouTube.

But it was Netflix that snagged the top spot, with 37% saying they use it daily, way above its competitors Hulu (3%) and Amazon Prime (3%).

Here is the full chart from Piper Jaffray: