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US multi-channel video providers lost 50k subs in Q3 2012

US multi-channel video providers lost 50k subs in Q3 2012

Leichtman Research Group has revealed that the 13 largest multi-channel video providers in the US lost about 53,500 net additional video subscribers in Q3 2012.

This figure compares to a net gain of about 17,000 in Q3 2011, and a net loss of 28,000 in Q3 2010. The 13 largest multi-channel providers account for 94% of the market.

The top multi-channel video providers account for about 94.6 million subscribers — with the top nine cable companies having over 51.6 million video subscribers, satellite TV companies having 34 million subscribers, and top telephone companies having over 8.9 million subscribers.

“With a fairly saturated market, the multi-channel video industry was essentially flat in the third quarter of 2012,” said Bruce Leichtman, president and principal analyst for Leichtman Research Group, Inc.

“This year’s third quarter was in line with recent years, with about 70,000 more losses than a year ago, and about 25,000 more losses than two years ago.”

Multi-channel Video Provider Subscribers at End of 3Q 2012 Net Adds in 3Q 2012 Net Adds in 3Q 2011
Total Multi-channel Video 94,608,357 -53,472 16,991
Cable Companies
Comcast 22,002,000 -116,000 -165,000
Time Warner 12,334,000 -140,000 -135,700
Charter 4,197,000 -72,000 -67,000
Cablevision 3,247,000 -10,000 -19,000
Suddenlink 1,230,100 200 -5,900
Mediacom 1,019,000 -18,000 -39,000
Cable ONE 605,057 -7,672 -9,409
Other Major Private Cable Companies 7,005,000 -55,000 -65,000
Total Top Cable 51,649,357 -418,472 -506,009
Satellite TV Companies (DBS)
DirecTV 19,981,000 67,000 327,000
Dish Network 14,042,000 -19,000 -111,000
Total Top DBS 34,023,000 48,000 216,000
Telephone Companies
Verizon FIOS 4,592,000 119,000 131,000
AT&T U-verse 4,344,000 198,000 176,000
Total Top Phone 8,936,000 317,000 307,000

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Source: The Companies and Leichtman Research Group

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