AT&T announced yesterday that it has hit one million subscriptions for U-verse. U-verse definitely seems to be picking up steam. However, the growth in subscriptions has slowed slightly for AT&T 46% in Q2 vs. 44% in Q3 and softening consumer spending could potentially impact the Q4 numbers a little more than anticipated.

Tack on digital download tax to the tobacco tax in New York. Governor Paterson is exploring the possibility of taxing digital downloads in an effort to tackle the prevailing budget deficit. Will the New Yorkers now download content out of state while they are shopping for other household items?