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

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:   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. Available on the App Store.

John Hames

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