U.S. multichannel market declines for first time in history: SNL Kagan

MONTEREY, CA – The U.S. multichannel market delivered its worst performance on record in the second quarter of 2010, due in large part to economic factors such as high unemployment and a weak housing market.According to new data from SNL Kagan, the market lost 216,000 customers compared to a 378,000 gain in the same period last year, while full subscriber counts for cable, DBS and telco video dropped to 100.1 million in the quarter.Cable suffered its worst quarterly video loss to date, plunging by 711,000 subscribers, with six of the eight MSOs reporting their worst quarterly video losses as well. ...