Housing Collapse To Burn Cable/Satellite, Analyst

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From Silicon Alley Insider

Sanford Bernstein cable and satellite analyst Craig Moffett foresees bad news for TV giants like Comcast (CMCSA), Cablevision (CVC), Time Warner Cable (TWC), and DirecTV (DTV): the depressed U.S. housing market will ding subscriber growth and likely lead to net subscriber losses this year and beyond.

Moffett’s predictions:  continued here…