Netflix is still hurting cable companies, but the bleeding may have slowed

[Guest Brad Reed]

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Cable companies have been losing pay TV subscribers for years but some new data suggests that they've at least superficially slowed the bleeding. Via DSLReports, new data from Leichtman Research indicates that cable companies only lost 345,000 pay TV subscribers in 2015. While this is certainly not ideal, we should keep in mind that cable companies lost a whopping 1.2 million pay TV customers in 2014.

 

There is some reason to question, however, if this really represents a turning point for cable companies when it comes to pay TV subscribers.

 

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Via BRG - Boy Genius Report