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