Associated Press is reporting its analysis that, for the first time ever, both cable and satellite providers fell:
The U.S. subscription-TV industry first showed a small net loss of subscribers a year ago. This year, that trickle has turned into a stream….The phone companies [Verizon and AT&T] kept adding subscribers in the second quarter, but Dish lost 135,000. DirecTV gained a small number, so combined, the U.S. satellite broadcasters lost subscribers in the quarter — a first for the industry.
I guess cord cutting is more real than some would like to believe…
The handwriting has been on the wall for this for a long time. It is quite ironic that cable and satellite companies have been aggressively attacking each other when the internet can easily replace them both.
LikeLike
It’s time to ‘get with the future.’
LikeLike
Pingback: From luxury item to throwaway good: cable TV | Legally Sociable