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...
- FCC Approves AT&T's $69 Billion DirecTV Merger, Announces It Late Friday And Hopes Nobody Notices
- Cable Industry Still Proudly Thinks Cord Cutting Is A Media-Manufactured Crisis
- FCC Signs Off on AT&T DirecTV Merger, And Early Indications Are The Conditions Are Hot Garbage
- Dueling Lawsuits Threaten The NFL, DirecTV's Annoying Sunday Ticket Exclusive
- Comcast Lobbyist Admits It Helped Create Netflix By Refusing To Compete On Price