Cable lost 500,000+ subscribers in Q3, thanks to the Web

Sat, 06 Nov 2010 18:36:00 +0000

Last quarter was the first time ever that US pay-for TV subscription rates declined, and in Q3 2010, cable lost over 518,300 subscribers in total, according to GigaOm. Four of the five biggest cable companies lost customers: Comcast had more than half of the losses at 275,000, Time Warner took a 155,000 subscriber hit, Charter Communications lost 63,800, and Cablevision waved goodbye to 24,500 customers. The third largest cable provider, Cox Communications, is privately held and therefore doesn’t have to announce its subscriber numbers publicly. The number is thus likely even bigger if we could include Cox plus all the smaller cable companies.

Showtime Subscribers Might Get Online TV Service

Tue, 11 May 2010 14:09:00 +0000

Premium cable TV channel Showtime plans to launch a service that will stream episodes of original series like Weeds, The Tudors and Californication to subscribers, a source told Bloomberg Businessweek.

Details about the new service are scarce, but the network is reportedly discussing the plans with the cable operators that distribute its channels, who are undoubtedly concerned that an online service will cut into revenues for traditional cable TV distribution.

Cable on Omid Farhang

Cable lost 500,000+ subscribers in Q3, thanks to the Web

Showtime Subscribers Might Get Online TV Service