What Happened to the Cord Cutters?

New data from analysts MoffettNathanson show that the pay-TV business lost about 300,000 subscribers in the second quarter. But that’s basically flat compared to 2013, and that’s a change from the year-on-year declines of the previous few quarters.

And after factoring in the housing market -- a key driver for pay TV -- the research firm concludes that “it appears that cord cutting slowed to an annualized rate of 400k homes, a meaningful deceleration and well below the peak (but still modest) rates of cord cutting seen in 2012.”