‘The Worst 12-Month Stretch’ in the History of Pay TV

The best business model in America has its worst year ever. Is it cord-cutting, or something more complicated? “The pay TV industry has reported its worst 12-month stretch ever,” analysts Craig Moffett andMichael Nathanson wrote in a report yesterday. Cable is in a free fall, led by Time Warner Cable’s horrendous quarter, in which it lost 306,000 homes … Continue reading