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More Bad News for Cable TV: Is the Industry Finished?

Shared from Zite

 The week has been a poor one for the status quo in the cable TV industry. Among the spate of negative news was PricewaterhouseCoopers' report/survey (via The Wall Street Journal), titled "Feeling the Effects of the Videoquake," pointed out cable subscriptions among Americans aged 18 to 24 dropped to 71% in 2014, down 6% from last year; Americans aged 25 to 34 with cable dropped a matching 6% to come in at 67% with a cable subscription.

John Hames shared with you:

 

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More Bad News for Cable TV: Is the Industry Finished?

The Motley Fool - As the largest cable TV provider, Comcast has the most to lose from demographic and disruptive trends. Source: Comcast

The week has been a poor one for the status quo in the cable TV industry. Among the spate of negative news was PricewaterhouseCoopers' report/survey (via The Wall Street Journal), titled "Feeling the Effects of the Videoquake," pointed out cable subscriptions among Americans aged 18 to 24 dropped to 71% in 2014, down 6% from last year; Americans aged 25 to 34 with cable dropped a matching 6% to come in at 67% with a cable subscription.

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John Hames
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