Thursday, 15 May 2014

TV subscriptions shrink slightly in 2013


PERSONALIZED TV cord-cutting television viewer

The CRTC released fresh numbers Thursday that showed the number of Canadians who signed up for cable television service increased 1.5 per cent to 8.8 million last year, but that figure was offset by a decline in satellite television customers.

Across the industry as a whole, cable companies took in more revenue and scooped up more customers last year, the CRTC said. That contrasts with satellite television stations, which earned less money and saw their subscriber numbers decrease.

Cable companies took in $12.3 billion in revenue "from basic and discretionary television services, as well as internet access and telephone services," the broadcast regulator said. That was a six per cent increase from $11.6 billion the year before.

On the satellite business side, the picture wasn't as rosy. Revenues decreased almost one per cent from $2.5 billion in 2012 to $2.48 billion in 2013. And in terms of customers, satellite companies recorded a 4.8 per cent decrease to a total of just under 2.7 million subscribers last year.

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