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Another Million Subscribers Cut the Pay TV Cord Last Quarter (dslreports.com)

Posted by BeauHD on from the shocking-news dept.

A report from FierceCable says that a million more U.S. pay TV subscribers cut the TV cord last quarter. "Only five of the seven biggest pay TV providers have released their third quarter subscriber data, but collectively these companies saw a net loss of 632,000 pay TV subscribers during the period (385,000 for AT&T and DirecTV, 125,000 for Comcast, 104,000 for Charter, 18.000 for Verizon FiOS TV)," reports DSLReports. "Dish has yet to report its own cord cutting tallies, but the company is again expected to be among the hardest hit due to a high level of retransmission fee feuds and a lack of broadband bundles."

6 of 105 comments (clear)

  1. Simple economics.... by Rick+Zeman · · Score: 4, Insightful

    ....says that if you lose market share you cut prices to try and regain it. They will no doubt raise prices to try and keep revenue the same...thus driving off even more customers.

    1. Re:Simple economics.... by bobbied · · Score: 3, Insightful

      Ah, the simple logic of the cable company... Such refreshing stupidity..

      --
      "File to fit, pound to insert, paint to match" - Aircraft Maintenance 101
    2. Re:Simple economics.... by toonces33 · · Score: 4, Insightful

      The problem is that they are being squeezed by the content providers on the other end. You want to carry the XYZ channel? That will cost you more per subscriber now. So to a degree, the cable companies are caught in the middle. I would like to see someone offer a-la-carte without all kinds of expensive junk being added on.

  2. Re:Raises hand by barrywalker · · Score: 4, Insightful

    Fuck. Television. You don't need it. Cut the cord and don't look back. I don't remember when I last had cable and don't miss that shit a bit. When I want to watch something, I use Apple TV, Netflix or Amazon, but honestly, I don't watch TV much anymore. It's all shit anyway.

  3. Re:Raises hand by eskayp · · Score: 3, Insightful

    We are the people, and the sheep to be sheared.
    Corporations and lobbyists pay politicians big bucks.
    The pols then invite the CEOs and lobbyists to write the rules and laws that govern their industry.
    And we sheep keep electing those politicians because of some smokescreen wedge issue.
    Today the smoke is even murkier with 'alternative facts' and 'truthiness' being accepted as reality.
    Evidently critical thinking is beyond sheeps' ability.
    When we sheep vote based on listening to our gut one has to wonder where our heads are.

    --
    I didn't desert Windows; Windows deserted me: BSOD
  4. Re:They could avoid it.... by Bender+Unit+22 · · Score: 3, Insightful

    I fell the same. After a few years without TV, I don't want it, even if it was for free.