Kagan: Cable Has Recovered, Will Grow At Double-Digit Rates

  • October 3, 2005
Basic cable networks have rebounded from their advertising market downturn following the 2001 recession, and are poised as an industry for "double-digit growth as far as the eye can see," proclaims industry economist Kagan Research. In a new report released on Friday, Kagan projected that basic cable networks will grow at a 12.2 percent annual rate through 2009. Basic cable network revenues are projected to grow 13.4 percent in 2005 as a result of growing subscriber numbers and higher advertising rates, the company said. -- Joe Mandese
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