Cable Days Are Numbered (File Under Endangered, Extinct)

GigaOm compiled a list of Cable’s quarterly losses and found that for the first time, satellite subscriptions hadn’t increased enough to make up for them.

What does this mean?

It means that there’s no consumer reshuffling between multichannel services (cable v. satellite).

“From our point of view, expecting users to pay $125 to $150 a month, and continuing to raise those rates 5 to 10 percent every year, isn’t a sustainable business model. At some point, those users will find alternative, cheaper ways of getting the content they want, and now there are plenty of ways to do so.”

It’ll be interesting to see how the television dilemma pans out.

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