Topic: quarterly earnings
Charter Communications said it lost 104,000 pay TV subscribers in the third quarter, a loss Chairman and CEO Tom Rutledge said is partly due to piracy.
Comcast said it lost nearly 125,000 pay TV customers in the third quarter but still managed to increase revenue in its cable division by 5.1%.
Verizon reported losses of 18,000 Fios TV customers in the third quarter, marking the third straight quarter in which it has lost pay TV subscribers.
How did pay TV distributors—including cable MSOs, IPTV operators and satellite providers—perform in 2017's third quarter?
FierceBroadcasting is tracking third-quarter earnings results from media companies, programmers and broadcasters.
AT&T revealed in an 8-K filing to the Securities and Exchange Commission that it lost around 390,000 linear pay-TV subscribers across its DirecTV and U-verse platforms in the third quarter.
Netflix is soon raising prices for some plans, and some industry analysts believe it’s a sign another strong subscriber growth quarter is on the way.
Fox’s fiscal fourth-quarter earnings rose 2% to $6.75 billion thanks in part to higher affiliate and advertising revenue at its cable networks.
Tribune Media’s second-quarter consolidated operating profits took a hit due to additional expenses at WGN America.