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Top Cable Nets Down, Niche Nets Up, In Q3

Fifteen of the top 20 cable networks, including ESPN (down 15%), TNT (down 11%) and Lifetime (down 15%), saw significant declines in ratings in the third quarter.

Meanwhile, niche networks posted impressive gains. including Style (up 68% and HLN (ahead 48%).

Here's the money quote: “Smaller networks are picking off audience from the top nets,” said David Scardino, entertainment analyst at ad agency RPA.

Read the whole story at New York Post »

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