For the first time since the dawn of cable TV, the number of U.S. households paying for TV subscriptions is falling, marking a potential turning point in the TV business.
Between the first and third quarters of this year, 335,000 fewer homes out of 100 million subscribed to TV service from a cable, satellite or telecom company, according to research firm SNL Kagan.
The economy probably plays a role, as does the ability to watch TV content on the internet. But when I was last out in San Francisco visiting my brother, he noted that almost none of his friends have cable. I think it's probably 50/50 among my friends here in DC, but it's certainly not unusual to not have cable. Most of these people watch some television online, but I think there's the beginnings of a trend toward less television watching among younger demographics.
1 comment:
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