Why cutting the pay-TV cord turned out to be a good move

The pay-TV industry lost more than a million subscribers last year, four times the number that skedaddled a year earlier, according to market researcher SNL Kagan.

That doesn’t mean cable, satellite and other pay-TV companies are gasping for breath. But it does mean that cord cutting is having a clear impact on the industry — and that can only be good for consumers who have grown sick of paying for dozens, even hundreds, of channels they never watch.

David LazarusDavid Lazarus

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