Cable TV Revenue to Drop by $2.7 Billion in Next 10 Years as Broadband Booms

[SNL Kagan/S&P Global Market Intelligence] forecasts price hikes for cable TV and broadband, while phone service will drop. On a monthly basis, cable video revenue per sub will climb from $90.84 to $100.02 between 2016 and 2026; cable broadband residential revenue will increase from $51.23 to $60.99 per customer. Cable’s residential phone service revenue will decline from $26.90 to $21.40 monthly per sub over the 10-year span[.] РTodd Spangler, Variety http://ift.tt/2b40IbM