The migration of television from its current bundled paradigm to its a la carte, internet-delivered future may be further away than some cord cutters would like. But based on second-quarter earnings data released by the top four pay TV services, the multi-channel video business as we know it no longer seems to be in growth mode.
On Thursday, DirecTV (s DTV) reported its first net subscriber loss for a quarter, with a net 52,000 U.S. customers bolting the satellite service during the period extending from April 1 to June 30.
In fact, each of the top four multi-channel video providers — which collectively service more than 60 percent of U.S. pay TV homes — lost customers in the second quarter. Earlier on Thursday, No. 4 service, Time Warner Cable (s TWC) announced a net loss of 169,000 subscribers. That came just…
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