FCC: Cable Lost 2.5 Million Viewers From 2010 to 2012
by Karl Bode 08:11AM Wednesday Aug 21 2013 Tipped by Bill Neilson
According to recently released FCC data
("new" FCC data usually means a year or more old) from their annual report on cable industry competition, the cable industry lost roughly 2.5 million video subscribers between 2010 and 2012. According to the FCC, cable operators laid claim to 57.3 million pay TV subscribers at the end of 2012, down from 59.8 million in 2010.
Most of these customers flocked to telcoTV, with AT&T U-Verse increasing their subscriber total from 3 million to 4.1 million between 2010 and 2012, and Verizon FiOS's total subscriber total going from 3.5 million to 4.5 million during the same stretch. Verizon and AT&T recently announced they've both passed the five million cable TV subscriber mark, giving them more TV customers than all but the nation's two largest traditional cable companies: Comcast and Time Warner Cable.
Cord cutters make up a very small but growing part of the equation as well, with even the industry's biggest cord cutting deniers
now acknowledging the glacial but inevitable trend toward less expensive Internet options for many users.
Meanwhile, the FCC report also pointed out that the soaring costs of programming is slowly but surely driving many of the nation's smaller cable operators out of business. "800 cable systems serving over 35,000 subscribers have closed mostly in small and rural communities, leaving those communities without any wireline MVPD (cable video) service," notes the report.
Re: Can't all be...
said by cpumodem:Considering nearly all these companies have quarterly reports that specifically state how many customers they have I'd say it would be fairly easy to come up with the number.
Heck the FCC couldn't accurately count how many employees the agency has. Do you really think this number is correct?
| |firephotoWe the peoplePremium
| |said by 88615298:See, you try to spin in it a way to justify spending money on "services" as it's just something to spend money on, but the reality is that real goods can be bought and sold or invested into. People can even save money to put towards real things, they can slowly accumulate real things and sell the lot to acquire more valuable real things. said by firephoto:
When you talk to yourself about "I'm paying over $100 a month for this.." it all becomes more clear.
The more people spend on services the more wealth they throw away.
Yes better to hoard money and never spend it because that makes sense. If you died with a million in the bank whatever you going to do with it then?
Digital music you rent, smart phone data, the phone itself, pay television, the list goes on.. they all just piss money away that you will have no chance of seeing again, with the exception being if you use those services to make money so it's more of an operating cost.
People's income is being preyed on by those who wish to see it spent on services rather than investments and real things that can appreciate in value.
Say no to astroturfing. go to their profile, start ignoring posts and ignoring what's not true.
Re: Can't all be...
said by Bengie25:Actually the stats say the present 20 something generation is in bad shape, they live at home with their parents and can't afford anything. Student loans are huge and there is a worry in the business world that this generation simply won't be buying starter homes, cars or anything for many years to come. That's a really problem when you have the baby boomers wanting to down size homes and cut expenses so they can retire.
The problem is that many 20-something people moving out of their parents do not get TV, so the industry was not keeping track of how the new generation was purchasing services.