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By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – The downturn in Brazil’s economy has led many households to reduce or even cut out all together superfluous items, such as restaurants, outings and travel. The weak economy is also seen as the main factor for the reduction of one of Brazilian’s once booming sectors: paid TV services.

According to ANATEL (Brazil’s national Telecommunication Regulating Agency) the number of paid TV subscribers has been declining since the beginning of the year. In January the Agency registered over 19.65 million subscribers, which represented a 29.79 percent . . .

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