Cord Cutter: Cable Now More Broadband Than TV
America’s top cable providers now have more broadband internet customers than pay TV customers, but only just. While most cable customers subscribe to both broadband and pay TV, the internet as thing is likely already bigger than TV — but do cord cutters rule?
While some are warning that the cable broadband vs cable TV inflection point is near, the bean counters at Leichtman Research Group claim it’s already been breached.
“Last quarter, for the first time ever, the biggest cable TV providers started selling more broadband subscriptions than video subscriptions,” writes Re/Code’s Peter Kafka, quoting the Leichtman data.
If true, even Leichtman acknowledges the balance has only just tipped with big cable’s broadband subs totaling 49.915 million versus 49.910 million traditional TV subs — a difference of only 5,000 subs.
Cord Cutter: Where’s the Beef?
That said, I would be very interested in knowing what percentage of Verizon FiOS and AT&T uVerse subscribers get only fiber. I would also very much like to know where cable nevers are getting their internet.
Again, as noted in the lede, while cable provider’s broadband customer base might only just be bigger than traditional pay TV, the fundamental point remains — the internet is killing traditional TV, which is a very, very good thing™…
What’s your take?