Cable, satellite see quarterly loss of TV subscribers
That loud snipping sound is a greater number of Americans cutting the cord and ditching their cable and satellite TV subscriptions. That's the verdict today in an analysis done by the Associated Press of the pay TV companies' quarterly earnings reports.
The AP tallied lost subscribers from eight of the top nine providers, including Comcast and Time Warner cable, Verizon, AT&T, DirecTV, and Dish Network. Cox Communications was not included because it is a private company and does not disclose subscriber numbers, but AP said it has captured 70 percent of households in its survey and found … Read more