Seeking Alpha

Bloomberg reports that (video) the 83% penetration rate of traditional TVs in households could...

Bloomberg reports that (video) the 83% penetration rate of traditional TVs in households could fall as the phenomenon known as "cord cutters" now has a sidekick with a new group called "cord nevers" comprised of new homeowners (mainly young) who never signed up for traditional TV service. Demonstrating the point, Credit Suisse reports that of the 1.8M new household formed last year, only 17% signed up for cable or satellite services - a trend that if it continues could hit TV-related stocks such as CHTR, CMCSA, TWC, DTV, and DISH squarely in the gut.
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|