Zombies Tapped Out: Subscribers to Pay TV Services Fell for First Time Ever
August 24th, 2010Via: Investors Business Daily:
The number of subscribers to cable, satellite and telecom TV services in the U.S. fell for the first time ever in the second quarter, according to research firm SNL Kagan.
The U.S. multichannel TV market lost 216,000 customers last quarter, vs. a gain of 378,000 a year ago. The total number of subscribers to cable, satellite and telecom video fell to 100.1 million in the second quarter, SNL Kagan says.
Cable TV firms lost 711,000 subscribers last quarter, while satellite and telecom TV services managed to add 81,000 and 414,000 subscribers, respectively.
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I just dumped cable and a land line. I also went with an independent(so far) internet provider. What a difference!
It’s like waking from a dream.
We decided that we odn’t need any television in my new appartement. I don’t miss it at all.
@jvurke6000 I inherited a house (so to speak) with a very large antennae on it. I’d been paying $70 or more for cable service for YEARS. Holy crap. Bought a digital converter box. Cancelled the $70 buck service. Uh, I turn the TV on to look at the local weather. It’s free. Also get about 30 channels or more digital.
I sort of miss the frenzied hyped up Weather Channel stuff. Now I look on line at NOAH. I don’t miss any of the cable stuff. Jon Stewart reruns are available on line. Just wish I hadn’t dropped Earthlink for Verizon.
How about it. Why pay for 300 channels of crap just to watch 5.
I already depend on the net for better news. Also, the digital antenna gets less, but better stations. Much better for news and weather.