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As people have increasingly taken to watching their porn online for free, satellite and cable companies like Comcast, Time Warner Cable, and DirecTV have been feeling the blow in their video-on-demand (VOD) column. Last week, a few of them took the unprecedented step of discussing their flaccid showing frankly.
DirecTV cited “lower adult buys” as a reason for its pay-per-view revenue shrinkage. And in his earning’s call, Time Warner Cable CEO Glenn Britt attributed the company’s inability to keep it up directly to porn’s online tumescence.
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