Cord-cutting threat may be "overblown," analyst says

02/26/2012 | Hollywood Reporter, The

Data showing that pay TV increased its rolls by 129,000 in the fourth quarter and might have finished 2011 with a 63,000 increase in subscribers indicates the cord-cutting threat may be "overblown," Credit Suisse analyst Stefan Anninger says. Miller Tabak analyst David Joyce notes that the cord-cutting phenomenon is mostly limited to younger people. "It is at the fringe," he said.

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