Pay TV Under Pressure
The proliferation of smartphones, tablets and other gadgets make it easy to consume new and old media in a snap. A shift in viewing habits is underway that's putting pressure on cable and satellite companies by pinching subscriber numbers and slowing profit growth. As consumers turn to downloadable shows, YouTube videos, games and other entertainment, the $80 billion pay-TV industry is starting to feel the impact. Pay TV Under Pressure is a Bloomberg News series that explores how the digital age is affecting the television industry.