Analyst: Pay TV Subs Hit All-Time High in Q1 Despite Netflix's Growth
3:50 PM PDT 5/5/2011 by Georg Szalai
Addressing cord cutting fears, BTIG's Richard Greenfield says online video services "increasingly appear complementary rather than competitive to the existing multichannel video industry."
NEW YORK -- It may not be the end of the cord cutting debate, but big pay TV operators can feel good about themselves as first-quarter earnings season nears its end, with one prominent analyst predicting subscribers will reach a new all-time high.
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