The top 13 multichannel video programming distributors lost about 325,000...
The top 13 multichannel video programming distributors lost about 325,000 video subscribers during Q2, about 1,500 more than they lost a year earlier, Leichtman Research Group said. The top nine cable operators lost 54,000 subscribers, about 60,000 fewer than they…
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did during the same period a year earlier. Phone companies added about 275,000 video subscribers -- about 112,000 fewer than they added last year -- and satellite providers added 62,000 subscribers during the quarter, about 57,000 fewer than a year earlier. “While reports of multi-channel video industry losses in the second quarter of 2012 have rekindled pronouncements of cord-cutting … the reality is that industry-wide losses in the traditionally weak quarter were nearly identical to losses in last year’s second quarter,” Leichtman President Bruce Leichtman said. Over the past 12 months, those same providers added about 375,000 video subscribers, compared to an addition of 210,000 a year earlier, he said.