If there was one common theme the top cable MSOs saw in the second-quarter results, it was that broadband subscriptions continued to rise as more video customers cut the cord in favor of online video alternatives like Netflix (NASDAQ: NFLX) and Hulu.
According to SNL Kagan, pay-TV operators lost 625,000 subscribers in the second quarter, the biggest quarterly loss ever reported for the sector. However, the cable MSO industry added 608,000 high speed data (HSD) customers during the period.
FierceCable has this new report tracking metrics and statistics from Strategy Analytics, Jackdaw Research, SNL Kagan. Check out the special report here.