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More TV Watchers Give Up Cable, Satellite

Originally published on August 11, 2011 5:30 am
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RENEE MONTAGNE, host:

NPR's business news starts with cutting the cord on cable.

(Soundbite of music)

MONTAGNE: Americans are canceling or passing up cable and satellite TV subscriptions. An analyst's analysis from the Associated Press reports eight of the nine largest providers in the U.S. lost a record number of subscribers in the last quarter.

One analyst said the pay TV's rising cost and the growing availability of cheaper alternatives is, quote, "a toxic mix at a time when disposable income is not growing." Transcript provided by NPR, Copyright NPR.