3.4 million households have ditched cable since 2012

Cord-cutting has gone from a whispered industry nightmare to a very present reality, with over a million people killing their traditional pay TV subscriptions last year, ad revenue dropping, and viable streaming alternatives popping up virtually every month. Leichtman Research has some new data (spotted by DSL Reports) on the recent losses of the cable and satellite TV companies, and at first glance, the news doesn't appear to be diabolical. The top six pay TV companies lost 710,000 subscribers ...