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IPFS News Link • Entertainment: Television (TV)

Nearly 3M Pay-TV Subscribers Cut Service In 2018, Double 2017 Total – Study

• https://deadline.com by Dade Hayes

The research firm, which tracks providers covering about 95% of the market, found that gains from virtual MVPD services (aka "skinny bundles") are not making up for the conventional subscriber losses. That indicates that a growing number of viewers are doing without pay-TV altogether, presumably in favor of lower-cost subscription services like Netflix, Hulu or Amazon Prime Video.

Satellite distributors DirecTV and Dish Network suffered the bulk of the losses, a collective 2.36 million in 2018, up from 1.55 million in 2017.

Bruce Leichtman, president and principal analyst for Leichtman Research Group, said net pay-TV losses since the peak year of 2012 have totaled about 10 million, which has been offset by growth in internet-delivered, "skinny" TV packages. Even so, the total subscriber number is still significantly in the red.


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