Consumers continue to ditch traditional cable, satellite video services

As the third-quarter earnings season in the cable industry begins to wind down, one of the glaring trends that has emerged is that more consumers are opting to cut their cable or satellite service and use their broadband connection to get video service. According to a FierceCable report, pay-TV providers lost a total of 179,000 video subscribers in the third quarter, more than double the 83,000 lost in the third quarter of 2013. But cable operators aren't standing pat. James Dolan, CEO of Cablevision (NYSE: CVC), said they are focusing on driving new revenue streams, such as public Wi-Fi. Read more

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