Time Warner Cable Aug. 2 reported a net loss of 169,000 video subscribers in the second quarter (ended June 30) — underscoring ongoing challenges multichannel video programming distributors face with retaining members in an era of rapidly evolving home entertainment options such as Netflix and rental kiosks.
TWC, which ended the period with nearly 12.3 million video subs, lost 130,000 video subs during the previous-year period. It had nearly 12.5 million video subs during the same period last year.
The cable operator, like others, makes up for the video sub loss through sub gains in high-speed Internet (59,000) and telephone (45,000) services.
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