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News Link • Entertainment: Television (TV)

THE DEATH OF TV: Comcast Lost Nearly 400,000 Cable Subscribers In Last Year

•, Kirsten Acuna
 People are pulling the plug on cable television by the hundreds of thousands.

Comcast's Q2 2012 earnings show the cable company is relying heavily on its high-speed Internet service subscribers.

Though the cable giant reports an increase in customers of 138,000 (a 40.1% increase compared to second quarter "net additions" in 2011); the cable company also lost a massive 395,000 television subscribers in the last year.

This number is huge, considering Credit Suisse analyst Stefan Anninger previously predicted 200,000 fewer subscribers would pay for television services this year.

The loss in television customers isn't too surprising given the easy access to many of the networks' shows and films available online through both its Xfinity and Streampix web sites.

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