Cable Operators Continue To Lose Video Subscribers
December 11, 2012
US cable operators in 2012 have continued to lose video subscribers at around the same rate as a year ago. But the future could prove more problematic. For 2012 U.S. cable subscribers are on pace to lose 3% of their subscribers to 56 million, down from 58 million in 2011. This compares to a 2.8% loss in 2011 from 2010, per IHS Screen Digest Television Intelligence Report. The reasons? A rise in over-the-top (OTT) digital video services, siphoning of business to telco TV/video operators, a still-weak economy. Plus, cable operators' year-long consumer promotions are set to expire at the end of the fourth quarter of 2012.
Cable Operators Continue To Lose Video Subscribers