Topic: pay TV subscriber losses
Comcast and Dish Network have each begun notifying their pay TV subscribers of pending price increases.
The top 10 pay TV platforms belonging to publicly traded telecom operators lost 395,700 video customers in the U.S. in the third quarter.
Wall Street has had an “overreaction” to Comcast’s pre-earnings concession last month that it will report as many as 150,000 lost pay TV customers in the third quarter.
Customer losses in the traditional pay TV ecosystem could soon accelerate to around 5 million a year, RBC analyst Steven Cahall said.
As investors fret about the impacts of OTT competition and hurricanes on large pay-TV operators, Charter CEO Tom Rutledge made a bold prediction.
Comcast CEO Brian Roberts used his pulpit at the Goldman Sachs Communacopia Conference Tuesday to calm investors following panic last week.
After steadily gobbling up IPTV customers over the last decade, Verizon Fios posted its third quarter of pay TV subscriber losses in the last year.
Amazon Prime has seen membership swell to 79 million from just 66 million at the end of 2016, according to MorningStar.
ESPN took another hit to its subscriber totals this month while the network is reportedly letting go of John Clayton.
Charter Communications is facing backlash in many local markets over pricing.