Cable subscriber growth slows as satellite TV soars

[SatelliteGuys Reporter]

PDT AP Cable-TV executives scoffed at satellite television services and their huge 8-foot dishes when they began sprouting in rural lawns in the 1980s. By the mid-1990s the dishes were the size of pizza pans. But the cable industry still dismissed satellite TV as a mild nuisance. Today satellite is trouncing cable in the battle for subscribers in rural and urban areas alike badly damaging the cable industry's reputation as a growth sector on Wall Street.

http://www.sfgate.com/cgi-bin/article.cgi?f=/news/archive/2004/08/04/financial0918EDT0042.DTL