A survey from the Consumer Electronics Association estimates as many as 10% of households could cancel their pay TV services over the next 12 months, as online video gains steam. Credit Suisse believes such a decline could reduce the EBITDA of cable networks such as Comcast (NASDAQ:CMCSA) and Time Warner Cable (TWC) by 20-25%.
A survey from the Consumer Electronics Association estimates as many as 10% of households could...
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