Pay-TV Loses A Record Number of Subscribers

dkreichen1968

Moderator
Staff member
#1
From The Article:

In a tally by the AP, eight of the nine largest subscription-TV providers in the U.S. lost 195,700 subscribers in the April-to-June quarter...

...Sanford Bernstein analyst Craig Moffett estimates that the subscription-TV industry, including the untallied cable companies, lost 380,000 subscribers in the quarter. That's about one out of every 300 U.S. households, and more than twice the losses in the second quarter of last year. Ian Olgeirson at SNL Kagan puts the number even higher, at 425,000 to 450,000 lost subscribers.
Read More: Pay TV Industry Loses Record Number of Subscribers - ABC News

What I find interesting is the insistence that only unemployed people would cancel their pay-TV subscription. Maybe they need to come to understand that their product isn't worth what they are charging for it.
 

dkreichen1968

Moderator
Staff member
#2
Pay-TV Faces "Toxic Mix" Subscribers Cancel in Record Numbers

From The Article:
The larger trend is clearly one of video losses, said Jason Bazinet, an analyst at Citigroup Inc. in New York, who notes that pay-TV subscribers have declined in three of the past five quarters.

"While second-quarter seasonality likely played a role, some households may have left the pay-TV universe entirely," he wrote in a note to clients.
Read more: Pay TV Faces 'Toxic Mix' as Subscribers Cancel in Record Numbers
 
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