U.S. Pay-TV Net Adds Plunge in Q2 as Economy and Netflix Take Their Toll

Dateline City: 
EL SEGUNDO, Calif.

Net U.S. subscriber additions for pay-TV operators fell by nearly350,000 inthe second quarter--the largest subscriber drop in history—as weakening economic conditions and strengthening competition from over-the-top (OTT) players like Netflix continue to work against cable operators and even against the satellite segment.

U.S.

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