Click to Skip Ad
Closing in...
  1. Amazon Dash Smart Shelf
    15:16 Deals

    I’m obsessed with this Amazon gadget you’ve never heard of – and it&#821…

  2. Prime Day Deals 2021
    04:05 Deals

    Prime Day deals 2021: See hundreds of Amazon’s best deals right here

  3. Prime Day Nest Thermostat Deal
    16:28 Deals

    The newest Nest Thermostat rarely goes on sale, but it’s $99.98 for Prime Day

  4. Prime Day Deals
    11:01 Deals

    Check these early Prime Day deals with prices so low, it’s like Amazon made a mistak…

  5. Best Prime Day Deals Under $50
    17:46 Deals

    26 of the absolute best Prime Day deals under $50




400,000 American homes have dumped pay-TV so far this year

Zach Epstein
August 2nd, 2012 at 3:55 PM

More than 400,000 American homes have cut the cord and ditched their cable and satellite pay-TV services since the start of 2012. The figure includes 169,000 subscribers shed by Time Warner Cable (TWC) last quarter, marking the service provider’s tenth consecutive quarter of customer losses. It also includes the 52,000 net subscribers DirecTV (DTV) lost this past quarter, and 176,000 customers who left Comcast (CMCSA). Reuters points to high unemployment rates, a weak housing market and regular programming factors as key contributing factors for the drop, but other factors may include the increasing amount of available Web-based content and high costs of cable and satellite-based TV service. A report from earlier this year suggested that more than 1 million U.S. households disconnected their pay-TV services in 2011.

UPDATE: Correction — it looks like that figure is closer to 425,000.

Read

Zach Epstein

Zach Epstein has worked in and around ICT for more than 15 years, first in marketing and business development with two private telcos, then as a writer and editor covering business news, consumer electronics and telecommunications. Zach’s work has been quoted by countless top news publications in the US and around the world. He was also recently named one of the world's top-10 “power mobile influencers” by Forbes, as well as one of Inc. Magazine's top-30 Internet of Things experts.




Popular News