
In May, 30.9% of TV homes subscribed to ADS -- up from 30.3% in May 2010 -- while 60.6% subscribed to wired cable, down from 61.1% in May 2010. That's the lowest penetration since late fall 1989.
TVB releases the figures partly to advance its argument that buying local cable allows an advertiser to reach all TV homes.
Steve Lanzano, TVB president, reads those stats as evidence that "the
cut-the-cord phenomenon is real, and that has implications for the advertising community. Advertisers who buy cable locally need to know that local wired cable systems' ability to deliver commercials
continues to erode," he stated.
In the top 50 markets, the Greenville, S.C. market led with 47% of homes with ADS, with Birmingham, Alabama second at 46.2%, followed by Albuquerque, New Mexico
at 45.3%.
Among top-20 markets, Denver led with 41.8% ADS, and Sacramento was second with 40.4%.
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