(FORBES) — As rumors of mergers and acquisitions increase in the cable industry, with the recent news that Time Warner Cable may be acquired by either Comcast or Charter, one thing is becoming increasingly clear: cable TV is more about the cable than it is about the TV.
What started as a trickle a few years ago is increasingly looking like a steady flow away from television subscription. In the 3rd quarter of 2013, 113,000 people switched off their cable or satellite TV service.
The number may be small but when compared to the 80,000 people who had turned off similar service over the previous year, it seems to represent a substantial acceleration in the process. The cable providers do not seem to be overly worried as this loss of customers hasn’t yet translated into any direct impact to their bottom line.
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