Very true, but I also believe that the 100 Million TV subscribers is a bloated number. I guess I could drill down in to the 10Q and 10K reports to see how many actual TV subscribers each of them have but that would take a lot of time I don't have :-)
I, For example, am a Cable Subscriber but I have only Internet. I still count as a subscriber for the purpose of the reportable numbers.
How many more, like me, do not subscribe to the Pay TV?
20 Million (or maybe as many as 30 - 40 million if many cable subscribers are like me and only have internet) is still a Huge audience for a small TV company.
Anyway, awesome responses, and thanks for the Heritage article. It was indeed an awesome read.
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