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Consumers Dropping Pay TV Services
IBD's Click ^ | 8/23/2010 | Patrick Seitz

Posted on 08/24/2010 6:18:17 AM PDT by Slyscribe

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.

(Excerpt) Read more at blogs.investors.com ...


TOPICS: Business/Economy; News/Current Events
KEYWORDS: bhoeconomy; cable; economy; internet; satellite; satellitetv; telecom
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1 posted on 08/24/2010 6:18:19 AM PDT by Slyscribe
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To: Slyscribe

If it weren’t for Fox News, FX, and the Comedy Channel, I would drop it too. Netflix takes care of all movie needs very nicely.


2 posted on 08/24/2010 6:19:59 AM PDT by rbg81 (When you see Obama, shout: "DO YOUR JOB!!")
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To: Slyscribe
Note to State-run media:

You can only be out of touch with your customers for so long.

If you misread and insult them daily, they may stop watching.

3 posted on 08/24/2010 6:20:21 AM PDT by PATRIOT1876 (Language, Borders, Culture, Full employment for those here legally)
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To: Slyscribe

Not surprising.
Folks in a financial pinch cut out the non essentials.


4 posted on 08/24/2010 6:20:37 AM PDT by Eric in the Ozarks (Impeachment !)
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To: Slyscribe

The ONLY reason I still have cable is because of the Food Network and Breaking Bad/Mad Men. Even my trusty favorite, Turner Classic Movies, has sucked lately. I’ve almost completely stopped watching FOX News too, except for when I can catch Glenn Beck or Red Eye on.


5 posted on 08/24/2010 6:23:59 AM PDT by alicewonders (Supporters of John McCain are supporters of amnesty. Amnesty by any other name is still amnesty.)
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To: rbg81
I recently cut my sat package down to from the most deluxe to the most basic, for that very reason. Netflix watch instantly completely eliminates the need for the premium packages. My bill went from $130 to $30.

Fox News and HGTV are the only reasons I didn't drop it altogether.

6 posted on 08/24/2010 6:24:35 AM PDT by TexasFreeper2009 (Obama = Epic Fail)
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To: Slyscribe

This doesn’t surprise me. I have way more than I use in terms of a cable package and am about to cut way back. And my cable company—like pretty much every cable company—finds ways to up my bill by about $20 or $30 per month to rent equipment that is necessary for the service I am buying! Cable companies have been really tone deaf in this economy if they think they can keep screwing people like that and keep them as customers.


7 posted on 08/24/2010 6:25:23 AM PDT by Opinionated Blowhard
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To: Eric in the Ozarks

People are getting sick and tired of the bait-and-switch from cable TV.

The original promise of cable was that in exchange for a monthly fee, you woould get programs without commercial interruption.

Now, you get more commercials per episode than with broadscast TV (which is controlled by the FCC). It is beginning to seem that there are more commercials than program. They also pump up the volume


8 posted on 08/24/2010 6:26:58 AM PDT by catman67
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To: Slyscribe

...we got the dish because I liked the Sopranos...now that they’re long gone, I’m wondering why I’m paying so much every month.


9 posted on 08/24/2010 6:27:23 AM PDT by STONEWALLS
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To: Opinionated Blowhard

We got rid of HBO and Showtime a couple months ago.
Haven’t missed either one.


10 posted on 08/24/2010 6:28:07 AM PDT by Eric in the Ozarks (Impeachment !)
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To: Slyscribe

I’m inches away from dumping my dish, after 15 years of service. Over a hundred channels and hardly anything I care to watch. I wish there was a channel that ran exclusively old shows, like “The Fugitive,” “Rawhide,” “Sea Hunt,” and whatnot.


11 posted on 08/24/2010 6:28:17 AM PDT by greene66
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To: Slyscribe

Gee. I don’t know. Maybe it’s because of the absolute JUNK I get charged for that I don’t watch because it’s so bad or maybe it’s the COST of the JUNK or maybe it’s BOTH!


12 posted on 08/24/2010 6:30:05 AM PDT by Freeport (The proper application of high explosives will remove all obstacles.)
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To: Opinionated Blowhard

We dropped all the movie channels - HBO, Showtime, etc - Just kept basic service for sports channels, A&E, HGTV & home improvement channels.


13 posted on 08/24/2010 6:31:02 AM PDT by Col Frank Slade
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To: Slyscribe
SNL Kagan.

Saturday Night Live is doing market research now?

14 posted on 08/24/2010 6:31:07 AM PDT by Izzy Dunne (Hello, I'm a TAGLINE virus. Please help me spread by copying me into YOUR tag line.)
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To: Slyscribe

If it weren’t for live sports I’d drop cable completely. I find most of the channels not just useless but offensive. I can rent TV shows and movies. If they ever go to sports over the internet, the cable is history.


15 posted on 08/24/2010 6:32:22 AM PDT by Varda
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To: Slyscribe

People are starting to take Franzie seriously now.


16 posted on 08/24/2010 6:35:25 AM PDT by smokingfrog (freerepublic.com - Thanks JimRob! The flags are back! - 8/17/2010.)
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To: Slyscribe

I dropped cable over a year ago and went to off-air TV. With the new digital subchannels, I have over 20 channels available, including a retro channel and a couple of movie channels.

I don’t miss cable (or the $70/mo charge) one tiny little bit.


17 posted on 08/24/2010 6:36:11 AM PDT by reagan_fanatic (YouTube My Space and I'll Google your Yahoo.)
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To: Slyscribe

If it wasn’t for my wife and son I would have dropped cable tv service a LONG time ago.


18 posted on 08/24/2010 6:36:35 AM PDT by Peter from Rutland
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To: PATRIOT1876

Yeah, but it’s the state-run media only that those who drop cable will be getting. They are dropping cable/satellite because of the cost and in economic times, that becomes a luxury rather than a necessity.

I subscribe only to tv online. Lots cheaper for as much as I watch tv, which is rarely. But I can work/FReep on my computer and turn on the FNS shows I want.


19 posted on 08/24/2010 6:40:04 AM PDT by EDINVA
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To: Varda
I agree, sports is about the only reason I have it now. The movie channels show the same films over and over, the thousands of infomercials that pass as "programming", and the trend of having to rehash what was in the last ten minutes when a show comes back from commercial is way past annoying.

I recall AMC was showing Tora Tora Tora and every 10 minutes there were commercials, so I looked at the run time and it was around 3 1/2 hours! I just turned it off and popped in my DVD of it and watched the rest in about half the time!

20 posted on 08/24/2010 6:40:21 AM PDT by aegiscg47
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