The bad news keeps getting worse for Big Cable, and there’s no end in sight. The latest? UBS this week released the results of its media consumption survey that offers a look at how media like TV is faring these days, and one of its takeaways that ought to scare legacy cable providers is that …
Dish Network announced today that it shed 334,000 subscribers during the fourth quarter, with a substantial portion of the departures being attributed to the ongoing dispute with HBO that’s caused HBO programming to be blacked out for Dish subscribers. If that wasn’t enough, Dish president and CEO Erik Carlson added that there’s been essentially no …
Stop us if you’ve heard this one before, but cable TV is continuing to bleed subscribers in record numbers as they flock to cheaper Internet-based options — cutting the cord, in other words, in favor of options like Netflix, Hulu and the like. Indeed, a new survey of a little more than 5,000 Americans by …
The ongoing subscriber exodus from traditional paid-TV packages is picking up steam, with a record number of Americans now cutting the cord and going all-in on TV delivered over broadband. That’s not exactly a surprising reality, but what might surprise you is how extreme things have gotten. The trend looks especially ominous for traditional pay-TV …
It is not a pleasant time to be a cable company. Decades of regional monopolies are being swept away, leaving us with — the horror! — actual competition. Prices on streaming bundles are so low that companies are actually struggling to make money on the $40-a-month skinny services. Any time margins are so low that …
DirecTV Now, AT&T’s cable-replacement streaming service, has been adding users like no tomorrow. Since launching in November 2016, it’s added over 1.5 million subscribers, making it the second-biggest live-TV streaming service. But that success comes at a cost to AT&T: Its revenue and operating income for pay TV is down massively, because the $35-a-month subscription …
After teasing it heavily for the last few weeks, AT&T has finally taken the wraps off its new $15-a-month streaming service, AT&T Watch. For a little more than Netflix, you get 31 live-streaming channels, including CNN, TBS, TNT, and BBC America, as well as some on-demand TV and movie content. Six more channels from Viacom …
While giving testimony as part of the court case where AT&T is attempting to prove it should be allowed to merge with Time Warner, AT&T CEO Randall Stephenson threw a bone to cord-cutters and suggested that the company will be launching a $15-per-month “skinny” bundle aimed at cord-cutters. It was unusual for a CEO to …
Forgive me if you’ve heard this before, but cable companies just had another dismal quarter of subscriber losses. The top five publicly traded cable companies logged their worst first-quarter losses on record, according to a report from Kagan. Although the industry is citing a growing streaming business as a cause for optimism, the fact remains …
Cord-cutting has gone from a whispered industry nightmare to a very present reality, with over a million people killing their traditional pay TV subscriptions last year, ad revenue dropping, and viable streaming alternatives popping up virtually every month. Leichtman Research has some new data (spotted by DSL Reports) on the recent losses of the cable and satellite …
