Today in Connected Consumer

Time Warner Cable released third-quarter earnings this morning that came in below analysts expectations. Among the highlights (or low-lights depending on your perspective) of the report was the news that the No. 2 cable MSO lost another 128,000 video subscribers in the quarter, adding fuel to the already raging debate over the extent of cord-cutting going on. In the earnings call, TWC CEO Glenn Britt stuck to his position that the loss of video subs is being driven by economic factors more than by competitive factors like the growth of OTT video. But he later admitted the OTT was probably having “some” impact. The more important data point, however, was the news that TWC added 89,000 broadband subs in the quarter. It now has 11.9 million total video subs and 9.8 million high-speed Internet subs. At the current rate, it won’t be long before those two lines cross for good.

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Paul Sweeting

Principal Concurrent Media Strategies

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