US pay TV cord-cutting fears validated by subscriber losses in 2Q15, says IHS

Validating industry cord-cutting fears, in the second quarter of 2015, pay TV companies in the US posted their worst ever quarterly video subscriber losses, shedding 658,450 subscribers. According to IHS, the second quarter was the first time non-cable pay TV operators lost video subscribers, since satellite operators entered the pay TV business in the early 1990s.

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