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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."

3 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 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.