Economic data show that most industries in the United States saw declines of some sort during the recent recession and accompanying financial crisis of 2007—2009. One industry which appears to have weathered the downturn without noticeable declines is the pay television broadcasting industry. It is true that the growth they’ve seen may have been larger were it not for the economic downturn. Nonetheless, based on overall revenue, the industry’s growth trajectory has shown not a blip as can be seen in the chart.
Today’s market size post is based on industry revenues for cable services from basic and premium broadcasting as well as installation services and high-speed Internet access through cable lines.
Geographic reference: United States
Year: 2000 and 2010
Market size: $36.43 and 93.37 billion respectively
Source: “Table 1142. Cable and Premium TV—Summary: 1975 to 2010,” 2012 Statistical Abstract of the United States, December 2011, U.S. Census Bureau, page 717, available online here.
Original source: SNL Kagan, a division of SNL Financial L.C.
Posted on March 12, 2012