How ‘Cord Never’ Generation Poses Sales Drag for Pay TV – Bloomberg

Cord nevers are set to accelerate the erosion that cable and satellite TV providers are already suffering at the hands of phone companies. AT&T Inc. (T) and Verizon Communications Inc. have taken 11 percent of the market for paid-TV subscriptions after introducing competing services in the past decade. Cable commands 55 percent of the market, while satellite TV has 34 percent, according to IHS

via How ‘Cord Never’ Generation Poses Sales Drag for Pay TV – Bloomberg.

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