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Released: August 11, 2011
Cable, satellite TV subscriptions slip
Source: USA Today [The Associated Press]
Americans are canceling or forgoing cable and satellite TV subscriptions in record numbers, according to an Associated Press analysis of quarterly earnings reports. The pay-TV industry first showed a small net loss of subscribers a year ago. This year, that trickle has turned into a stream. The chief cause appears to be high unemployment and a housing market that has many people living with their parents.Read Full Article: Cable, satellite TV subscriptions slip
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