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SNL Kagan Analysis Shows U.S. Multichannel Market Declines for First Time in HistoryTim's Pick:
SNL Kagan Analysis Shows U.S. Multichannel Market Declines for First Time in History
Submitted by DeeDee Banks on Tue, 2010-09-07 21:39.
Summary: A new SNL Kagan analysis reveals that the U.S. multichannel market delivered its worst performance on record in the second quarter, losing 216,000 customers compared to a 378,000 gain in the same period last year. SNL Kagan data shows that full subscriber counts for cable, DBS and telco video dropped to 100.1 million in the second quarter. Cable suffered its worst quarterly video loss to date, plunging by 711,000 subscribers, with six of the eight MSOs reporting their worst quarterly video losses as well. DBS and telco managed to add 81,000 and 414,000 subscribers, respectively. |