Fitch Reiterates Dropping Pay-TV Subs
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| April 12, 2013
New Fitch Ratings estimates seem to back up other recent reports citing a pay-TV slowdown. The group says the largest U.S. video service providers gained some 174,000 new video subs during 2012, a 55-percent decline from new 2011 customers. Fitch attributes this drop to the high penetration of U.S. pay-TV households, a mature video-service product, stagnate housing and employment conditions, and competition from alternative distribution platforms.