Study: Streaming services like Netflix barely put a dent in cable TV profits last year

While Dish and DirectTV plan to launch streaming services to satisfy cord cutters, Cable TV providers barely lost an inch last year against services like Netflix.

In 2013 cable TV providers like Comcast, Time Warner, and Charter lost approximately 0.1% of their total subscriber base — about 1,735,000 video subscribers, according to a study by Leichtman Research Group.

This is certainly a noteworthy loss for cable TV, but according to the Leichtman study, a major cause for this loss appears to be growth among top telephone providers that also provide TV services.

While cord cutting reports have long predicted the demise of traditional television service providers, it appears Hulu, Netflix, Amazon Prime, and other over-the-top streaming services have a long way to go before truly affecting cable TV’s margins.