Topic: subscriber numbers
Comcast and Dish Network have each begun notifying their pay TV subscribers of pending price increases.
While U.S. cable operators continued to seize broadband market share in the third quarter, their rate of customer growth slowed by nearly 31%.
Leichtman pegged Dish Network as having lost 224,000 linear satellite TV subscribers in Q3, while picking up 240,000 customers for its virtual Sling TV service.
Finishing the third quarter with 52.77 million subscribers in the U.S., Netflix is the biggest OTT service in the country, according Parks Associates.
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.
Comcast is up to around 200,000 customers for Xfinity Mobile as the fledgling mobile service reaches its sixth month in the marketplace, according to Bloomberg.
Leichtman Research Group said that only 79% of U.S. TV homes subscribe to some form of pay-TV service, linear or virtual.
Customer losses in the traditional pay TV ecosystem could soon accelerate to around 5 million a year, RBC analyst Steven Cahall said.
The YouTube TV app has hit a milestone.
Wells Fargo analyst Marci Ryvicker predicts linear pay-TV services lost 1.28 million subscribers during the second quarter.