Cable TV’s Cord-Cutting Woes Grow, Highlighting Divergence With Netflix

Cable TV’s Cord-Cutting Woes Grow, Highlighting Divergence With Netflix

The tempo of pay-TV cord-cutting is quickening, and earnings outcomes this week for cable and telecommunications corporations underscore how that basic shift in client conduct is giving much more energy to tech giants like Netflix Inc.

Cable supplier Charter Communications Inc., the third-largest U.S. pay-TV supplier by subscribers, stated Friday it misplaced 122,000 video prospects within the first quarter, a far worse end result than the roughly 40,000 subscriber losses Wall Street analysts anticipated. In the year-earlier interval, Charter…

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