US. Poverty a problem for pay TV

For years, execs at pay TV companies and telcos boasted about their growth as subscribers continued to pay more for new cable services, next-generation smartphones and faster broadband. Amid the euphoria, however, those execs didn't address what might happen to their bottom lines when consumers could no longer swallow those increasingly larger bills. Variety reports.

In a foreboding new report titled "U.S. Telecommunications and Cable & Satellite: The Poverty Problem," one analyst concludes that a major risk facing companies like Comcast, Time Warner Cable, Verizon and AT&T is not heated competition from each other, or a fast growing outlier like Netflix, but rather poverty.

Read full article.

emily | 3:17 PM | News |
The Permanent Link to this page is: http://www.textually.org/tv/archives/2011/05/028639.htm

Tweet