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Time Warner Cable Lost 831,000 Video Subs In 2013
By Swanni


Washington, D.C. (January 30, 2014) -
Time Warner Cable, the target of an acquisition bid from Charter and/or Comcast, lost 831,000 net video subscribers in 2013.

That final number became evident today when the nation's second largest cable operator revealed its fourth quarter report. Time Warner Cable announced that it lost 831,000 net video subscribers in the fourth quarter.

The company lost 119,000 net video subs in the first quarter; 191,000 in the second quarter; 306,000 in the third quarter when it engaged in a 31-day fee fight with CBS; and now 215,000 in the fourth quarter. The company now has 11.5 million video subs in total.

Meanwhile, Comcast just reported that it gained 43,000 video subs in the fourth quarter, its first increase in more than six years, and AT&T said yesterday that it added 194,000 video subs in quarter four. 

After a few years of video subscriber defections, most cable, telco and satellite operators are showing signs of righting the ship.  But Time Warner Cable's continued large video subscriber losses should give both company executives and shareholders great concern.

Charter, which is attempting to purchase Time Warner Cable, has sharply criticized the company's executives, saying they have done a poor job of taking care of its customers.






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Phillip Swann is president and publisher of TVPredictions.com. He has been quoted in dozens of publications and broadcast outlets, including CNN, Fox News, Inside Edition, The New York Times, The Washington Post, The Chicago Tribune, The Financial Times, The Associated Press and The Hollywood Reporter. He can be reached at
swann@tvpredictions.com or at 703-505-3064.



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