The Daily Dose

As US cable companies continue their respective plots to stop the flight of paying customers, companies like Netflix, Hulu, Sony and others are reaping the biggest rewards. Last quarter alone, an estimated 812,000 subscribers cut the cord on pay-television service, according to a recent study by consulting firm SNL Kagan. The number of cord cutters is representative of families that have elected to cancel bundled video service from cable, satellite or telephone companies. But this isn’t new for cable companies. “It is a bit of an acceleration and the biggest quarterly loss that we’ve seen,” says Ian Olgeirson, an analyst with SNL…

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