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Media: Streaming Cuts Cable Deeper Than Ever

Cable companies have had to accept declining customer bases until they come up with a counter-punch against the rise of streaming and other cord-cutting services. From the beginning of 2015 through the end of last year, nine million Americans have either cut the cord or chosen not to buy a traditional cable package when moving into new households. Now, recently released earnings figures may foreshadow a more vigorous than expected move toward cutting the cord.
Charter Communications, which offers cable service under the Spectrum brand, announced on Friday that i...

 

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