Pay TV providers post record subscriber losses

The [Leichtman Research Group] report breaks down the three groups of companies by net subscriber loss, and AT&T U-verse came out the biggest loser, shedding 391,000 subscribers. That’s more than half of the whole industry’s total losses last quarter. Cable companies combined for a relatively modest loss of 225,000 video subscribers, mostly on the strength people willing to pay for faster broadband. The report comes on the heels of a similar top-line number from analyst Craig Moffett, who estimates the total as an even higher 757,000 subscriber loss. – David Katzmaier, CNET http://cnet.co/2bbFWHt