This is the scariest chart in the history of cable TV (CBS, CMCSA, CHTR, TWC, VZ, T, VIA, VIAB, AMZN, DIS, NFLX)

This is the scariest chart in the history of cable TV.
What we’re looking at here, via Wall Street research firm Pacific Crest, is cable subscriptions falling off a cliff.
In the first half of 2015, year-over-year growth in MVPD subscribers — “multichannel video programming distributor,” or, in plain English, a cable company like Time Warner Cable or Comcast — went negative.
Over the past five years, the percent of households with cable subscriptions has been falling. But with year-over-year subscribers still seeing growth, however modest, cable companies were still able to look past what some had seen as a coming cord-cutting apocalypse.
Now, that is a reality.
In a note to clients on Tuesday, analysts at Pacific Crest revealed a few jarring trends for the media space, which saw This is the scariest chart in the history of cable TV (CBS, CMCSA, CHTR, TWC, VZ, T, VIA, VIAB, AMZN, DIS, NFLX)

thumbnail courtesy of businessinsider.com