Loss of 300,000 subscribers in Q3 seen as good news for US pay-TV
New York
HOW bad have things been for the pay-television industry lately? An estimated 300,000 Americans dropped TV service last quarter, and analysts are calling it good news.
Predictions for subscribers who cancelled their video packages - from cable, phone and satellite providers including Comcast Corp and Dish Network - range from about 280,000 to 360,000, based on analysts' estimates compiled by Bloomberg. That's about half as many as in the second quarter, which at more than 600,000 set a record.
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