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U.S. Consumers Ditching Cable TV In Droves
IBD's Click ^ | 11/17/2010 | Patrick Seitz

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. That’s the single largest quarterly drop for cable since SNL Kagan began compiling data for the segment in 1980.

Cable’s 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 ...


TOPICS: Business/Economy; News/Current Events
KEYWORDS: boycotttimewarner; cable; dinosaurmedia; hulu; netflix; nickelanddime; paytv; pravdamedia
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1 posted on 11/17/2010 9:27:49 AM PST by Slyscribe
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To: Slyscribe

WAY overpriced. I’d happily pay $3/mo for my choice of 10 channels.


2 posted on 11/17/2010 9:31:46 AM PST by Paladin2
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To: Slyscribe

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).


3 posted on 11/17/2010 9:32:49 AM PST by Jolla
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To: Slyscribe

I propose a $100B subsidy for the industry. It’s too important to suffer like this. People will die without it.


4 posted on 11/17/2010 9:32:53 AM PST by lurk
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To: Paladin2

I’m thinking about canceling my free TV.


5 posted on 11/17/2010 9:33:05 AM PST by Sopater (...where the Spirit of the Lord is, there is liberty. - 2 COR 3:17b)
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To: Slyscribe

They just need a stimulus package bailout...


6 posted on 11/17/2010 9:33:32 AM PST by ltc8k6
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To: abb; Frantzie

Up your alleys.


7 posted on 11/17/2010 9:33:40 AM PST by Borges
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To: Slyscribe

We went commando an ditched it ALL. Now we have Netflix through our Wii and Hulu through our computer and are perfectly happy.


8 posted on 11/17/2010 9:33:47 AM PST by T Minus Four (Duh. We were talking about in the old days or not-so-distant old days)
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To: Slyscribe

Thats gonna leave a mark


9 posted on 11/17/2010 9:34:08 AM PST by Rightly Biased (Do you know how awkward it is to have a political argument with a naked man?)
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To: Slyscribe

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.


10 posted on 11/17/2010 9:34:45 AM PST by Maringa
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To: Slyscribe; Timesink; martin_fierro; reformed_democrat; Loyalist; =Intervention=; PianoMan; GOPJ; ...

Defund the Left, drop cable/satellite tv.


11 posted on 11/17/2010 9:35:12 AM PST by a fool in paradise (The establishment clause isn't just against my OWN government establishing state religion in America)
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To: Sopater
"...my free TV"

You got a free TV from Zer0's stash?

12 posted on 11/17/2010 9:35:39 AM PST by Paladin2
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To: Slyscribe

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


13 posted on 11/17/2010 9:36:20 AM PST by DM1
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To: Sopater
I’m thinking about canceling my free TV.

I did a couple of years ago. TV died, didn't get a replacement.

14 posted on 11/17/2010 9:36:48 AM PST by a fool in paradise (The establishment clause isn't just against my OWN government establishing state religion in America)
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To: Slyscribe

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.


15 posted on 11/17/2010 9:36:54 AM PST by Anitius Severinus Boethius
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To: Slyscribe
Well, I haven't ditched Comcast yet, but I'm making preparations. Built and installed a "media PC" for my new plasma HDTV. Already a NetFlix subscriber. The only thing I see that cable can do to regain market share is allow "a la carte" channel subscriptions charging only for subscribed channels. There are a VERY few premium channels that I would like to get, but to get them I would also have to pay for hundreds I am not interested in.

I think eventually, all show production will move to an internet transmission model.

16 posted on 11/17/2010 9:37:34 AM PST by Wonder Warthog
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To: Paladin2
I’d happily pay $3/mo for my choice of 10 channels.

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).

17 posted on 11/17/2010 9:38:19 AM PST by highlander_UW (Education is too important to abdicate control of it to the government)
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To: Paladin2

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.


18 posted on 11/17/2010 9:38:30 AM PST by MediaMole
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To: Slyscribe

I got rid of cable 8 years ago


19 posted on 11/17/2010 9:38:42 AM PST by ezoeni
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To: Slyscribe

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?


20 posted on 11/17/2010 9:39:23 AM PST by Old Retired Army Guy (tHE)
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