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In reply to the discussion: Fairness Doctrine [View all]Omaha Steve
(110,026 posts)53. Cord-Cutting Gets Ugly: U.S. Pay-TV Sector Drops 566,000 Customers in Q2
U.S. pay-TV penetration flat at 84% of homes and Netflix has little to do with it, study says
September 2, 2014 | By Daniel Frankel
I have a relative in cable, and they are worried.
http://variety.com/2015/digital/news/cord-cutting-gets-ugly-u-s-pay-tv-sector-drops-566000-customers-in-q2-1201559878/
Cord-Cutting Gets Ugly: U.S. Pay-TV Sector Drops 566,000 Customers in Q2
AUGUST 8, 2015 | 05:39AM PT
Todd Spangler
NY Digital Editor
@xpangler
Cord-cutting headaches for pay TV have now progressed beyond just a dull, throbbing pain.
Cable, satellite and telco TV companies suffered their worst-ever quarterly subscriber declines for the three months ended June 30, collectively shedding more than half a million accounts an accelerating erosion thats put new pressure on operators and media companies exposed in the pay-TV biz.
No. 1 satcaster DirecTV, now part of AT&T, disclosed in a 10-Q filing Friday that it lost a net 133,000 U.S. subscribers in Q2, dramatically worse than its decline of 34,000 in the year-earlier period. Overall, traditional pay-TV distributors lost a whopping 566,000 video subs in the quarter, compared with 321,000 in Q2 2014, according to MoffettNathanson estimates.
Historically, Q2 has always been the softest for cable and satellite TV ops. But what should concern the industry is that the number of pay-TV households is now shrinking at an annual rate of 0.7%, compared with 0.1% a year ago, says analyst Craig Moffett. That may not seem like a mass exodus, he wrote in a research note, but it is a big change in a short period of time. Moreover, the declines come as U.S. household formation has picked up, Moffett noted, meaning pay-TV penetration rates are falling even faster.
FULL story at link.
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Back in the 20s there were maybe a hundred local newspapers in NYC...
TreasonousBastard
Sep 2015
#32
Lacking cable, the televised access to both points of view is non-existent.
LanternWaste
Sep 2015
#24
That's true, but it never did affect local stations, or radio, all that much...
TreasonousBastard
Sep 2015
#27
Under the auspices of the Fairness Doctrine, the following alternate viewpoint has been provided:
Dr. Strange
Sep 2015
#62
I don't see this as a workable idea considering all the different ways media is consumed these days.
Throd
Sep 2015
#15
"A large group of people only exposed to a single set of ideas are also dangerous".
Nye Bevan
Sep 2015
#38
There is too much concentration in segments of the media industry, but the six control 90 percent
onenote
Sep 2015
#47
No, the point is you want people to be forced to watch what you agree with.
Nuclear Unicorn
Sep 2015
#122
And some would like the FCC to come knocking on Skinner's door if he hides your post (nt)
Nye Bevan
Sep 2015
#116
Then that's on them for being to fucking lazy to learn about the stolen election.
GGJohn
Sep 2015
#106
We need less opinion, more fact-oriented, evidence-based journalists and anchors.
OneGrassRoot
Sep 2015
#98
You think Jesse Ventura should be given equal time during televised 9/11 retrospectives?
Nuclear Unicorn
Sep 2015
#115