→ Major TV Providers Lose Customers

But this quarter’s losses were stark for DirecTV, which lost customers for the first time ever, and for Time Warner, who lost customers for the tenth straight quarter and lost more than analysts expected. Comcast’s loss of 169,000 customers was actually an improvement over previous quarters. The losses were chalked up more to the economy rather than “cord-cutters” dropping TV service entirely.

Pay television providers are getting closer and closer to the line where people decide the price is just not worth it for the product they’re getting. The “cord cutting” concept1 seems to be limited to the tech community, but if the economy stays were it is and services like Netflix continue adding quality content, more and more people might consider it.

  1. Where people cut all traditional cable television services