Cable and satellite TV companies had their worst quarter on record in Q1 2020. In addition to all of the US households that are cutting the cord, many businesses, such as restaurants, bars, and hotels, are canceling their subscriptions because they aren’t open. Furthermore, without live sports, many businesses don’t see the point in paying …
“The media industry is finally facing that long-feared moment of accelerating cord-cutting.” That’s one of the it-should-go-without-saying highlights of a new research note published this week from Wall Street analyst firm MoffettNathanson, the big takeaway from which is that the cable TV industry continues its long, slow process of bleeding out thanks to being gutshot from …
Plex, the media server app that has become a favorite of cord-cutters, is boosting its own digital content offerings today by adding a ton of TV shows and movies that can be streamed to any Plex-capable device for free. The service is supported by ads, so it works a lot like the video-on-demand services you’d …
Here are a few numbers which, at this point, shouldn’t come as a shock to anyone. Cord-cutting hit a record high in the third quarter, with almost 2 million people abandoning Pay TV and all those bills stuffed with hidden fees, not to mention the often terrible customer service. That loss of 1.74 million customers …
You should know by now that cord-cutting is a huge headache for cable companies. But with AT&T’s diversified lineup of television services across U-verse TV, DirecTV, DirecTV Now, and AT&T TV Now, the company would seem to be well-equipped to deal with those who want to ditch traditional TV subscriptions in favor of streaming. Apparently, …
In case you need another reason to hate your cable TV provider and more of a push to seriously consider cutting the cord and going all-in on streaming, Consumer Reports is out with the results of a new study that will make you want to tear your hair out. After studying several hundred consumer cable …
As if anyone needed a reminder that the TV landscape continues to evolve, NBC announced this week that its forthcoming streaming service — named Peacock, after the network’s iconic logo — will be the home of a slew of content both new and old. The latter includes classic comedies like The Office and Parks and …
Cable companies like Altice USA Inc. are starting to gravitate toward a business move that might — might — help them staunch the mounting losses on the cable side of their business. The solution? Offering cut-rate cellphone service, which no one wants to be without, and try to use it to retain customers who’d otherwise …
At this point, it’s pretty hard to argue that the traditional pay TV industry is not living on borrowed time, as it continues to bleed subscribers who are increasingly flocking to cheaper, streaming solutions. 2018 hit the industry particularly hard. Pay TV including cable and satellite providers lost 3.2 million subscribers, and as we mentioned …
Cord-cutting just a hit a new record in the first quarter of this year, as more than 1 million people said goodbye to traditional cable and satellite TV packages and continued adding momentum to a trend that probably can’t be reversed at this point. Consider this. Pay TV bled about 3.2 million subscribers during all …
