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Cord-cutting spikes fivefold in cable TV’s worst quarter ever


Cable’s day of reckoning has come. With all the major cable and satellite companies having reported their quarterly numbers, analyst firm MoffettNathanson put together a new cord-cutting report, and things are bad.

Pay-TV providers lost an estimated 762,000 pay-TV subscribers over the first three months of this year—five times more than they lost during the same period last year. To make matters worse, Q1 has historically been a strong season for pay TV.

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