by Mike Masnick
Mon, Aug 6th 2012 8:25am
For a few years now, we've been hearing pay TV execs (and some of their favorite Wall Street analysts) claiming that cord cutting in the US is some sort of myth, even as the numbers continue to prove otherwise. The latest stat is that, since the beginning of this year 400,000 households have cut the cord and dropped pay TV services. At what point will the TV guys realize that cord cutting is real? They still like to blame it all on the economy, but the fact is that the vast majority of these users are never going back. Until TV execs realize that's a fact, they're never going to understand how to adapt.
If you liked this post, you may also be interested in...
- Mark Cuban Falsely Tells Congress AT&T's Latest Mega-Merger Will Be Really Wonderful For Consumers
- Canada's Attempt To Force Cheaper, More Flexible Cable Packages Is A Bit Of A Joke
- Comcast Loses Just $5.50 Per Month When You Cut The Cord Thanks To Its Growing Broadband Monopoly
- Time Warner Cable Sued Again Over Sneaky Hidden Fees...By Plaintiff Not Seeking Monetary Damages
- Despite ESPN Whining, Nielsen Confirms Historic Subscriber Losses For Channel