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Pay-TV Industry is Pricing Its Self Out of Many Homes
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<p>[QUOTE="James, post: 109500, member: 21326"]"Veteran Wall Street media analysts Craig Moffett and Michael Nathanson calculated that the pay-TV industry &#8212; which includes cable, satellite and phone companies offering video service -- lost 113,000 subscribers during the third quarter. </p><p></p><p>113K is not a lot if it includes all TV services. Am I reading that statement incorrectly?</p><p></p><p>"Cable operators lost 687,000 subscribers in the period, according to their estimates. That was a far steeper decline than the year-ago period. And though the satellite TV and telephone companies picked up about 574,000 subscribers, it wasn't enough to erase the net loss for the industry."</p><p></p><p>These numbers are larger and significant.[/QUOTE]</p><p></p>
[QUOTE="James, post: 109500, member: 21326"]"Veteran Wall Street media analysts Craig Moffett and Michael Nathanson calculated that the pay-TV industry — which includes cable, satellite and phone companies offering video service -- lost 113,000 subscribers during the third quarter. 113K is not a lot if it includes all TV services. Am I reading that statement incorrectly? "Cable operators lost 687,000 subscribers in the period, according to their estimates. That was a far steeper decline than the year-ago period. And though the satellite TV and telephone companies picked up about 574,000 subscribers, it wasn't enough to erase the net loss for the industry." These numbers are larger and significant.[/QUOTE]
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