Cable TV
US cable TV reduces subscriber losses in 2014
MUMBAI: For fans of delivery of video services via cable TV, there’s some news to cheer about rom the US. Apparently, the top nine cable TV operators in the US shed 1.195 million net video subscribers in 2014. While that may seem like a high number, it is actually a drastic reduction over the loss of 1.695 million subscribers in 2013.
It seems as if cable TV has managed to hold its ground in 2014 as compared to 2013 as it still accounts for 49.3 million subscribers in 2014. In fact according to the Leichtman Research Group which put out these numbers, this has been the best year for cable TV since 2008.
The net additions by other providers seem to be slowing down too. Telco TV service providers such as AT&T and Verizon added 1.05 million net video subscribers in 2014. As compared to that the gains in 2013 were 1.43 million in 2013.
The Telcos account for 11.6 million video subscribers in 2014. The satellite TV providers such as Direct TV and Dish added only 20,000 net video subscribers as compared to 170,000 net adds in 2013.
Overall the pay TV sector saw more than 125,000 net video subscribers opting to cut the cord in 2014 as compared to 95,000 in 2013, the Leichtman Research Group said. Its study covered the top 13 pay TV operators which account for 95.2 million subscribers.
The fact that the existing video service providers have managed to stem their losses goes against the predictions of cable TV and pay TV service naysayers who have been stating that OTT services such as Netflix and Hulu will eat away at traditional modes of video delivery. The pay TV industry apparently will continue to be dominant provider of video to subscribers, says Leichtman.
The study comes at a time when fears are running rife amongst Indian cable TV operators about how Reliance Jio’s launch will impact their business in the next few years.
Cable TV
Hathway Cable appoints Gurjeev Singh Kapoor as CEO
Leadership change comes as cable TV faces shrinking subscriber base and modest earnings pressure
MUMBAI: Hathway Cable and Datacom has tapped industry veteran Gurjeev Singh Kapoor as chief executive officer, marking a leadership pivot at a time when India’s cable television business is under mounting strain.
Kapoor will take over from Tavinderjit Singh Panesar, who is set to retire in August after a long innings with the company. Panesar, chief executive since 2023, has held multiple leadership roles at Hathway, including his latest stint beginning in 2022.
Kapoor brings more than three decades of experience in media and entertainment. He most recently led distribution at The Walt Disney Company’s Star India business, now part of JioStar. His career spans television distribution and affiliate partnerships, with stints at Sony Pictures Networks India, Discovery Communications and Zee Entertainment.
Panesar, with over three decades in the industry, has worked across strategic planning, distribution and business development in media, broadcasting and manufacturing. His past associations include ESPN Star Sports, Star India, Apollo Tyres and JK Industries.
The transition lands as the cable sector grapples with structural disruption. Traditional operators are losing ground to streaming platforms, while telecom and broadband players tighten the squeeze with bundled offerings.
An EY report estimates India’s pay-TV base could shrink by a further 30 to 40 million households by 2030, taking the total down to 71 to 81 million. The slide follows a loss of nearly 40 million homes between 2018 and 2024, a contraction that has already wiped out more than 37,000 jobs in the local cable operator ecosystem.
Hathway’s numbers reflect the strain. The company reported a consolidated net profit of Rs 93 crore for FY25, down from Rs 99 crore a year earlier. Revenue inched up to Rs 2,040 crore from Rs 1,981 crore. As of December 2025, it had about 4.7 million cable TV subscribers and roughly 1.02 million broadband users.
Kapoor steps in with a familiar brief but a shrinking playbook. In a market where viewers are cutting cords faster than companies can reinvent them, the new chief executive inherits a business fighting to stay plugged in.
