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.
Cable TV firms lost 711,000 subscribers last quarter, while satellite and telecom TV services managed to add 81,000 and 414,000 subscribers, respectively.
Are more people moving to Internet-based TV?
"Although it is tempting to point to over-the-top video as a potential culprit, we believe economic factors such as low housing formation and a high unemployment rate contributed to subscriber declines in the second quarter," said SNL Kagan analyst Mariam Rondeli.
Many analysts believe over-the-top TV eventually could upend the pay TV business. OTT TV is video programming delivered over broadband Internet and bypassing traditional service providers.
I canceled my Cable TV years ago in 1997 not because I could not afford it but because I determined it was a waste of money and I could spend my time doing something else. One of the best choices I have ever made. Dump the TV and save yourself some money but more important you will have TIME to do other important things for your life.
ReplyDeleteExactly what i did in 2007 was canceled my satellite T.V. and took advantage of free digital T.V. to the public.I receive 15 stations that are crystal clear.Please write to your congressman and tell them you want more free T.V.and shut the expensive cable/satellite T.V.service out.They do nothing,but promote garbage!
ReplyDeleteOTA TV is on the ropes, too. Unlike analog signals, with digital signals you either get a picture or you don't, no in between, just a second of corruption right before your digital tuner says "no signal." Secondly, local TV stations are now allowed to charge cable/sat/IP providers for retransmitting their broadcast. As a result of this, local TV stations are placing more emphasis on their cable viewers than their OTA viewers, preferring to refer to themselves by their cable channel number more prominently than their OTA channel number, and by skimping on the placement and power of their OTA signal.
ReplyDeleteSince most folks are seriously math challenged, let me 'splain this to ya.
ReplyDeleteIf you are paying say $60.00 a month for cable, that's $720.00 a year. If you keep the service for 5 years, you have paid $3,600.00, so there is really only one question that needs to be asked and that is, are you a complete dumb ass or what?
2:58 Dude, it's just fiat! Who cares? I want my MTV!
ReplyDeleteWe cancelled in 09 after my wife caught me going through the channels (3) times & still nothing was on. We don't miss it. The OTA programming is truly bad insulting even the 3rd graders it’s written for. Quite honestly we rediscovered reading and the outdoors again. We still watch the “dumb box” every once in awhile but it’s with programs or movies of our choosing and without commercials. Right now we’re watching ER from the beginning and history DVD’s. It great and we tell everyone we can to turn the “idiot box” off. Read the Federalist Papers, Atlas Shrugged, Survival Guides… time to say goodbye to corporate controlled media!
ReplyDeleteHeavy sigh. Bonfire of the vanities. Bleed, Hollywood, bleed.
ReplyDeletesame reason I still use dialup internet, smirks, its slow but it works. and at 120 bucks a year its not too much for cheap entertainment.
ReplyDeleteAs for the cable crap, I have the basic shit, just to have something, but I also feel like he free air TV should come back, let those that like to watch brand name sports and latest movies pay for cable.
Did I say 8-25? I meant 9-09!
ReplyDeletePrepare!
LOL, where did 8-25 go? Nothing happened today.
ReplyDelete329 the nikkei dropped 150 points and the dow was up like 29, that means the us stock market is very heavily rigged, that is what happened today, the stock market will crash very soon.
ReplyDeleteI get HiSpeed Internet from my Cable Co., which I have a contract for $30/mo. for a couple of years. Along with that, I get free cable (well, sort of). I have advised everyone that if you get HSI from your cable co. that pretty much all the local channels are there, along with some sat channels, because the filter they use to block out TV is sloppy. This happened at my previous home too, with another ISP. I have over 40 channels gratis, why pay for cable? Anyone reading this that doesn't subscribe to cable, if you have internet service from the cable co. just hook up your coax to your digital TV and you'll most likely be pleasantly surprised :)
ReplyDeleteALL TV, cable and otherwise, broadcasts nothing but useless, endless, ceaseless GARBAGE 24/7 designed to eat what's left of the minds of the merkinsheeple.
ReplyDeleteMy relatively satisfactory life has been "TV toxic"-free for years, and it amazes me that people still pay billions for 100% pure crap. Toxic, pixelated excrement that swills into your home.
Destroy your TV, and if you can read (I believe Europeans are still literate unlike most merkins), try a book. A real one.
@2:59 PM
ReplyDeleteIt's not fiat dude. It's your labour, unless of course you are getting a pay check from the Big Daddy and don’t give a f$ck about anything. The rest of us have to slave for this fiat.
We got rid of our service because we didn't feel it was worth the price to pay all of that money for using about 3 decent channels. Most of those channels are garbage, mind-numbing crap.
ReplyDeleteI love it, haven't had pay tv since '87 yeah do the math, costs for something as mindwasting as meth!
ReplyDeletehere's something-remember when congress was debating the price of cable? yeah congress..knew we were doomed that day-doooomed I say lol
..funny story, walked into the breakroom at work and my coworkers all sitting there with the most vacant eye's and a few with their mouths open, what was on? some major disaster or new war?..nope..just seinfeld The ones with their mouths adroop were making bleating sounds..lol
We got rid of our service when we found out there is free porn online.
ReplyDeleteI keep it around because I get a package on the cable modem, and I like the NFL. The rest of the year I watch it when working out in my basement. I have an exercise bike and weights. I could get by without it, but since I don't eat out much or otherwise waste my money, it's convenient for me.
ReplyDeleteIf you don't work out at all, then I don't think it's a good comparison to my situation. I also jog, but I can't do that during winters.
FINALLY SOME GOOD NEWS! People are canceling their tv service, maybe some will wake up from their sheeple slave slumber and realize what is really going on!
ReplyDeleteYou can jog in the winter. Just wear a coat.
ReplyDeleteThere are actually legit tips on http://cheapsatellite.net/articles/ if you want to go to clean and legal sources for satellite TV
ReplyDeleteWith the advent of internet TV, people are getting more updated and connected with the latest news and events just by sitting in the computer, thats why some companies made some "internet" tv models for this.
ReplyDelete