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May 4, 2017 07:19 pm GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/CuA6rmpdtQo/
Worst quarter for paid TV subscriptions points to a cord cutting future
A report by MoffettNathanson found that the pay cable industry lost 762,000 subscribers in Q1 2017, the worst drop ever. To compare last year’s Q1 saw a mere 141,000 subscribers lost.Analyst Craig Moffett said that the “Pay TV subscriber universe [shrank] at its worst ever annual rate of decline (-2.4%)” and there have been 6.5 million cord-cutter (and the new… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/CuA6rmpdtQo/
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