Fitch: Video Service Providers Added 174k Subs in 2012

Fitch Ratings estimates that the largest U.S. video service providers gained approximately 174,000 video subscribers during 2012, which represents a 55% decline from those added in 2011. The slower growth reflects the high penetration of pay TV households in the United States, the mature video service product, stagnant housing and employment conditions, and, to a lesser degree, competition from alternative distribution platforms.