Cord cutting triumph: Pay TV industry hit with record subscriber losses

%name Cord cutting triumph: Pay TV industry hit with record subscriber losses by Authcom, Nova Scotia\s Internet and Computing Solutions Provider in Kentville, Annapolis Valley

The traditional pay TV bundle is slowly dying. New data released by research firm SNL Kagan this week showed that pay TV services lost a total of 625,000 subscribers last quarter, which is the largest quarterly loss in the industry’s history. While the pay TV industry typically loses subscribers in the second calendar quarter ever year, this year’s losses absolutely dwarfed the 352,000 net customer loss that pay TV services posted in Q2 2014.

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