AP: “Cord cutting” is real

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

0 thoughts on “AP: “Cord cutting” is real

  1. 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.

    Like

  2. Pingback: From luxury item to throwaway good: cable TV | Legally Sociable

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