Tuesday, August 24, 2010

Viewers Chucking Pay TV Services

The number of people subscribing to pay TV services is dropping.
While the multi-channel TV market gained nearly 400,000 subscribers last year at this time, figures for the latest quarter sho subscribers down by more than 200,000.
Cable TV is taking the biggest hit as more viewers seem to be switching to satellite TV or to TV on their computer.
Then too, the economic downturn may be forcing many to drop pay TV services entirely.
Patrick Seitz has the full story at the IBD techonolgy blog.

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