Pay-TV subscriptions in the U.S. fell for the first time last year, according to a report by SNL Kagan.
“While seasonally driven quarterly declines have become routine for industry watchers, the annual dip illustrates longer-term downward pressure even as economic conditions gradually improve,” the research firm said in a press release Wednesday.
According to the report, cable, satellite and fibre-TV providers lost a net 251,000 subscribers in 2013.