Canadian market sees loss of 95,000 TV subscribers in 2014, says report

TORONTO – While the subscription TV market share among traditional telcos is growing and revenue is stable, the TV market is beginning to see the overall effect of cord cutting, says a new report from Convergence Consulting.Led by Bell and Telus, the company says the telcos’ Canadian TV market share will be at 21.5% at this year’s end (YE), up from 18.5% YE2014, where cable had 61.2% and satellite 20.3% then. It forecasts 59.4% and 19.1% YE2015, respectively. On the bottom line, however, Convergence estimates 2014 Canadian cable, satellite, telco TV access provider subscription revenue grew 2% to $9.1 billionAs...