In an April 1,
Television News Daily story, “
Cable,
Broadband Companies To See 'Relatively Stable' Business Through COVID-19 Crisis: Moody's,” a cable/broadband estimate should have been that of U.S. Gross Domestic Product projection —
down 2.0% in 2020, recovering to 2.3% in 2021.
Moody’s says: “We believe U.S. cable revenue growth is likely to outperform U.S. GDP.” Before the crisis, it had
projected a 5% climb in revenues for 2020 for the group.