Cable revenue going up, market share down

In a sign that cable is facing increased competition across the board, Moody's Investors Service says that the U.S. cable industry will experience 3 to 5 percent revenue and cash flow gains from now to the end of 2011 but that the industry's share of the paid television market could drop below 60 percent by the end of 2011. As recently as 2005 cable had about a 70 percent share.

Moody's remained positive about cable's outlook based on a long-awaited housing industry uptick but "take out these cyclical supports... and long-term industry growth looks to be lower," the investment firm said.

For more:
- see this story

Related articles
Cable's demise predicted... again
Cuban disputes value of online video business case
Boxee raises $6M
Cuban ruminates on TV Everywhere

Suggested Articles

Comcast/NBCUniversal’s upcoming streaming service, Peacock, will have a version that can be accessed for free by all consumers.

Live streaming TV service YouTube TV has set another distribution agreement with a traditional pay TV operator.

Illegal pirate TV services are already a booming business, and a new report suggests that the value of the market could rise significantly by 2023.