Skip to comments.U.S. Consumers Ditching Cable TV In Droves
Posted on 11/17/2010 9:27:44 AM PST by Slyscribe
U.S. cable TV operators lost 741,000 basic video customers in the third quarter, research firm SNL Kagan reported Wednesday. Thats the single largest quarterly drop for cable since SNL Kagan began compiling data for the segment in 1980.
Cables share of the multichannel pay television market continues to slide, dipping to 60.3% from 62.9% in Q3 2009.
Gains in telecom and satellite TV services were not enough to offset the loss of cable subscribers, so the overall multichannel pay-TV market lost 119,000 customers last quarter.
(Excerpt) Read more at blogs.investors.com ...
WAY overpriced. I’d happily pay $3/mo for my choice of 10 channels.
We cut cable 6 months ago, one of the best things we have ever done, you would not believe how the family dynamic changed (for the better).
I propose a $100B subsidy for the industry. It’s too important to suffer like this. People will die without it.
I’m thinking about canceling my free TV.
They just need a stimulus package bailout...
Up your alleys.
We went commando an ditched it ALL. Now we have Netflix through our Wii and Hulu through our computer and are perfectly happy.
Thats gonna leave a mark
Netflix, HULU and others must be making an impact...Amazing what happens when you want to pay for only what you want to see...
I would gladly pay 50% less for 90% less channels, if I kept the channels that I wanted. This deal of packaging different channels so that you have to pay the top subscription rate is for the birds.
Defund the Left, drop cable/satellite tv.
You got a free TV from Zer0's stash?
we cut down significantly on our cable
just get basic and Foxnews now which trimmed my bill by about 40 bucks a month
i get my internet from the same provider so the bill is still higher than i would like but this is far better than what i was paying before
I did a couple of years ago. TV died, didn't get a replacement.
A couple of years ago there was a move afoot to try to get the cable companies to provide an “ala carte” kind of service.
You would pay, let’s say, $30 a month for up to 8 channels from list A and up to 3 channels from list B.
Cable companies fought it tooth and nail and insisted on keeping packaged programming.
You reap what you sow.
I think eventually, all show production will move to an internet transmission model.
I'd jump on that deal in a flash as well. Personally, I watch very little TV. Occasional sports, some news (although it's not a primary news source any longer) and I like the occasional travel or cooking show. I don't watch any and I think I could only name 1 tv series that's currently running (assuming some version of CSI is still on).
It wouldn’t work, considering cable companies pay ESPN something like $4 per subscriber. They pay local broadcast channels about $1 per subscriber.
As much as I dislike the cable companies, they make most of their money on equipment rental and premium channel subscriptions.
I got rid of cable 8 years ago
When you have an effective unemployment rate of around 15%, doesn’t it seem logical that people would cut back on dicretionary expenses and pay for TV would be one of them?
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