The pay TV industry may not be sweating the cord cutting trend just yet but for the first time in 2013 it had a reason to take notice. According to new data from Leichtman Research Group, pay TV providers posted a net loss of 104,000 subscribers in 2013, the first time the pay TV industry has ever lost subscribers year-over-year. The biggest losers were Time Warner Cable and Comcast, which respectively lost 825,00 and 305,000 pay TV subscribers each.
Cable companies lost subscribers for the first time last year
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