Cable, satellite and telco TV companies suffered their worst-ever quarterly subscriber declines for the three months ended June 30, collectively shedding more than half a million accounts — an accelerating erosion that’s put new pressure on operators and media companies exposed in the pay-TV biz. […] Historically, Q2 has always been the softest for cable and satellite TV ops. But what should concern the industry is that the number of pay-TV households is now shrinking at an annual rate of 0.7%, compared with 0.1% a year ago, says analyst Craig Moffett. “That may not seem like a mass exodus,” he wrote in a research note, “but it is a big change in a short period of time.” – Todd Spangler, Variety

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