Dateline City:
EL SEGUNDO, Calif.
El Segundo, Calif. (Aug. 14, 2013)—Amid a plunge in subscribers for cable, and now satellite providers, Internet protocol television (IPTV) was the only segment of the U.S. pay-TV market to achieve growth in the second quarter, according to a new report from information and analytics provider IHS (NYSE: IHS).
The U.S. IPTV providers—represented by AT&T Uverse, Verizon FiOS and others—boasted a net addition of 398,000 during the April to June period, up from 304,000 in the second quarter of 2012. During the same period, the U.S. pay-TV as a whole shed 352,000 subscribers.
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