Home Broadband Subs Seen Surpassing Home Pay-TV Subs

The number of home broadband subscriptions is expected to surpass the number of home pay-TV subscriptions over the next few months, said a report by The Diffusion Group. While residential broadband penetration will soon top 100 million U.S. households, "legacy pay-TV subscription services have peaked and are in decline," TDG said Tuesday. The report, "Pay-TV Refugees," said 14 percent of adult broadband users don't use a legacy pay-TV service. That's 9 percent higher than the amount in 2011, said TDG. The consumers "provide an excellent opportunity for new video purveyors," like Netflix and direct-to-consumer TV networks, it said.