Quotes of the Day

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Wednesday, Aug. 10, 2011

Open quoteRising prices for pay TV, coupled with growing availability of lower-cost alternatives, add to a toxic mix at a time when disposable income isn't growing.Close quote

  • CRAIG MOFFETT,
  • an analyst with Sanford Bernstein, estimating that the subscription-TV industry lost 380,000 subscribers in the first quarter, about 1 out of every 300 U.S. households
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