Ben posted on Nov 5, 2010 6: 18 AM
: last quarter was the first time ever that subscription TV U.S. pay rates have declined. Now, according to the calculations of GigaOM, big cable suffered another set Back in the third quarter, waving goodbye to more than 500,000 members in total. Comcast was saddled with more than half of massacres and lost 275,000 customers, while Time Warner had a hit of 155,000 Subscriber. Charter Communications and Cablevision went a little better, but still added 63,800 and 24,500 respectively to the pit of despair industry.Of course, the blame game for the poor numbers aimed squarely at the weak economy and increased competition from over-the-top video provider. Before it calls the undertakers away from his day job of wrestling, however, recall the traditional genre of cable, which is to increase prices for the remaining customers--vicious cycle, anyone? In fact, Comcast shared on his invitation to Q3 earnings that average customer revenue increased by ten percent year over year to $ 125 a month.Charter Similarly jumped by nine percent to $ 126, and while the same rate does not increase by Cablevision, monthly revenue for every customer still amounted to a whopping $ 149 a month So if the reason is cutting the cord or simply hard times, it's hard getting worked over self-inflicted wounds.
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