NanoTech Entertainment Inc (NTEK)

[NummyNums]

...after losing more than two million TV customers in 26 consecutive quarters over a half-dozen years because of competing online video, satellite-TV providers, and telephone companies entering the TV business."

Try telling the whole story:

See last paragraph. IMO, cable is on its way out.

"The nation's largest cable company, Comcast Corp., added 43,000 TV subscribers in the fourth quarter of 2013 after losing more than two million TV customers in 26 consecutive quarters over a half-dozen years because of competing online video, satellite-TV providers, and telephone companies entering the TV business.

Reversing the TV drain in its legacy business had been a top priority and Comcast attributed the reversal to improved customer service and lower customer churn. Comcast stanched losses, moreover, without cutting prices or even slowing persistent annual rate hikes for its triple play of Internet, TV, and phone services.

Cable division head Neil Smit said in a conference call with analysts that "it will take a while" before Comcast adds TV subscribers over a full year. This year, Comcast subscribers will see an average 3 percent hike in their cable bills, Smit said.


Read more at http://www.philly.com/philly/business/technology/20140129_Comcast_revenues_up__cable_subscriptions_rebound.html#kIKQayVGeIURGfeS.99";