Pay TV will shrink for first time in history, study says cable watching peaked in 2011

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OHHHHH…very interesting. What say you almighty cable TV?

Gigaom

It’s finally happening. The number of Americans who pay for cable-like TV products is declining, says a research forecast that claims subscriptions peaked at nearly 101 million in 2011 but will decline to less than 95 million by 2017.

The stats come by way of research group TDG which presented the findings in this chart:

Decline in cable

While a five percent decline is hardly earth-shaking, TDG describes the end of cable TV’s growth as a tipping point with “long-term tectonic implications.”

This makes sense. The price of cable bundles is climbing ever higher, at the same time as a bevy of new distribution options is increasing consumer frustration at having to purchase channels they don’t want. Meanwhile, a rising generation of “cord-nevers” thinks buying a cable package to watch one show makes as much sense as buying a CD to hear a single song.

But don’t count out the TV industrial complex just…

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