Monday, November 08, 2010

Oh Look, More Cord Cutters: Time Warner Cable Loses 155,000 TV Subscribers

Oh Look, More Cord Cutters: Time Warner Cable Loses 155,000 TV Subscribers: "Back in August, we wrote about a NY Times article insisting that the cable companies had beaten the internet and the idea that people would 'cut the cord' and get their TV from the internet was something of a myth. The centerpiece of the story was a single anecdote of a guy who tried to just watch TV on the internet, but went back to cable. Because, you know, a single anecdote must represent a trend. We noted the irony that the day after that article came out, reports broke that cable TV had suffered its first ever decline in subscribers.



And since then, the evidence of cord cutting has only grown. We noted recently that Comcast had lost 275,000 video subscribers, which they tried to explain away by blaming 'the economy.' Of course, the economy was a lot worse last year. And, now, Time Warner Cable has released the news that it's lost 155,000 TV subscribers. But cord cutting isn't real, right?

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