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U.S. Pay-TV Subscriptions Fall for First Time as Streaming Gains


               
2014 Mar 19, 3:57am   620 views  5 comments

by zzyzzx   follow (9)  

http://www.bloomberg.com/news/2014-03-19/u-s-pay-tv-subscriptions-fall-for-first-time-as-streaming-gains.html

The number of Americans who pay for television through cable, satellite or fiber services fell by more than a quarter of a million in 2013, the first full-year decline in TV customers, research firm SNL Kagan said.

The tally of video subscribers across the entire pay-TV industry, which includes Comcast Corp., DirecTV, and Verizon Communications Inc., dropped by 251,000 last year to about 100 million in the U.S., the firm said in a statement today.

Fewer people are buying traditional television subscriptions as online-streaming services from companies like Netflix Inc. (NFLX) and Amazon.com Inc. offer cheaper alternatives. Though satellite and telecommunications providers continued to gain users, they didn't add enough to make up for the losses of cable companies.

“While seasonally driven quarterly declines have become routine for industry watchers, the annual dip illustrates longer-term downward pressure even as economic conditions gradually improve,” SNL Kagan said.

Cable lost almost 2 million video subscribers last year, while satellite services added 170,000 customers and phone-company offerings using fiber optics, such as Verizon's FiOS and AT&T Inc.'s U-verse, netted 1.6 million.

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3   Bellingham Bill   @   2014 Mar 19, 5:17am  

Money I've spent on cable in 28 years of independent living: $0

I even stiffed the NHK guy when I was living in Japan, sigh.

> plenty of TV for free

this TV is similar to what the 2-13 + UHF had available, pre-cable.

Cable kills OTA programming. 'course, the internet and/or the netflix a la carte model kills cable.

Amazon has the 4 discs of Firefly for $18. Netflix offers them for $4 or so if you're technically inclined and can get two turns per week from them.

bt has them for free, but you need comcast or another monopolist ISP to get to bt.

Me, I've banked so much unwatched and unread digital content I'll be good in Japan for about a decade : )

4   Shaman   @   2014 Mar 19, 8:06am  

Torrent FTW!

5   dublin hillz   @   2014 Mar 20, 9:05am  

APOCALYPSEFUCKisShostikovitch says

perform Amazing Grace and beat the REALTOR with the bag if he or she gives you
shit.

The best take of Amazing Grace was during Rest Stop movies on showtime - a true artistry that's best appreciated by hannibalean methods of red wine, liver and fava beans.

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