Viacom's frenemy, DirecTV, has announced that it suffered a net loss of subscribers for the first time in its history. The revelation came in its second quarter filing, which claimed that the exodus is actually a purge - due to a tighter credit policy and a change of focus toward "higher quality" customers. The dip in numbers hasn't hurt the balance sheet, however, with revenues up seven percent to $5.65 billion, leading to a net profit of $604 million.
Engadget , DirecTV waves goodbye to 52,000 subscribers in first ever net loss of customers, DirecTV waves goodbye to 52,000 subscribers in first ever net loss of customers
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