The vast wasteland that is cable television in the United States (Colbert and Stewart and Rachel Maddow the few exceptions)... seems like it might be shrinking lately.
Cable subscribers flee, but is Internet to blame?
Time Warner Cable lost 155,000 video subscribers in the July-September quarter, compared with 64,000 a year ago.
The only larger cable company, Comcast Corp., reported last week that its subscriber loss more than doubled in the third quarter, to 275,000...
Of the satellite companies, DirecTV gained subscribers and Dish Network Corp. lost them.
According to the article, the cable companies don't necessarily suspect that it's people switching to the internet to access programming. It could be due to the growth of poverty.
The price of cable TV has risen to the point where it's simply not affordable to lots of lower-income homes. And right now there are an awful lot of lower-income homes...