Thursday, May 4, 2017
Worst quarter for paid TV subscriptions points to a cord cutting future
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{rss:content:encoded} Worst quarter for paid TV subscriptions points to a cord cutting future http://ift.tt/2qwyK1B http://ift.tt/2pLQULP May 04, 2017 at 09:19PM A report by MoffettNathanson found that the pay cable industry lost 762,000 subscribers in Q1 2017, the worst drop ever. To compare last year’s Q1 saw a mere 141,000 subscribers lost. Analyst Craig Moffett said that the “Pay TV subscriber universe [shrank] at its worst ever annual rate of decline (-2.4%)” and there have been 6.5 million cord-cutter (and the new… Read More
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