Cable TV Loses Over 1 Million Subscribers, According to a Report

So much for the deceleration of cord cutting.

Cable and satellite TV providers lost 1.1 million subscribers between July and September, their largest quarterly loss ever, according to a MoffettNathanson, a media research firm. Per USA Today, Dish alone had a net loss of 341,000, (367,000 in total losses were slightly offset by 26,000 Sling TV additions) a dramatic increase from the 16,000 it lost during the same quarter in 2017. AT&T’s DirectTV wasn’t too far behind with a net loss of 297,000.

All satellite providers combined dropped 726,000 subscribers.

Exit Theatre Mode

Cable TV providers lost about 293,000 subscribers during the quarter. Comcast was the biggest loser on the cable side, bleeding 106,000 subscribers, but the telecom giant offset this with 363,000 new broadband subscribers. Cable providers’ losses, however, actually look encouraging when considering that they lost 322,000 subscribers during Q3 2017.

BTIG Media and Technology Analyst Rich Greenfield tweeted that Q3 2018 was “the third-worst quarter in industry history and worst since Q2 2016.”

Cable TV Loses Over 1 Million Subscribers, According to a Report

Approximately 78 percent of U.S. T.V. households now subscribe to some type of pay-TV service, an eight-percent dip from 2013. The report stated that new homes were being created at a rate of “249K households per quarter faster than a year ago,” which should equate to “about 200K more subscribers per quarter, on average.” Instead, things are massively trending in the other direction, bucking the optimism analysts felt following Q2 2018, normally a slow period, during which cable and satellite providers had their smallest Q2 losses in four years.

“Cord cutting does not appear to be slowing at all,” reads MoffettNathanson’s report.

Exit Theatre Mode

In July, research firm eMarketer predicted that cable and satellite would lose 33 million customers by year’s end. Meanwhile, Netflix is reportedly outspending every Hollywood studio this year after it overtook HBO in Emmy nominations. Nick Santangelo is a freelance writer based in Philadelphia.

He loves video games and sports, but not sports video games.

Follow him on Twitter.

Renkforce Cable TV distributor 2-way 5 - 1006 MHzThis text is machine translated.For splitting a broadband cable signal to multiple subscribers (sockets). - More Info - EAN: 4016139005706

Spaun Light SMS 9807 NF SAT multiswitch Inputs (multiswitches): 9 (8 SAT/1 terrestrial) No. of participants: 8 Standby m8 subscribers; Suitable for Quattro and quad LNB; Energy-saving, short-circuit proof switched-mode power supply; Standby mode; Earth terminal; ; This text is machine translated. - More Info - EAN: 4040326424957

SAT multiswitch Axing SPU 56-09 Inputs (multiswitches): 5 (4 SAT/1 terrestrial) No. of participants: 6 Standby mode, QuaMulti-switch with 5 inputs (6 x satellite, 1 x terrestrial) to distribute the signal to up to 6 subscribers. The terrestrial signal can also be connected to the unit. The well-known Quattro LNBs normally need a multi-switch. - More Info - EAN: 7611682000474

Axing SPU 54-09 SAT multiswitch Inputs (multiswitches): 5 (4 SAT/1 terrestrial) No. of participants: 4 Standby mode, QuaMulti-switch with 5 inputs (6 x satellite, 1 x terrestrial) to distribute the signal to up to 4 subscribers. The terrestrial signal can also be connected to the unit. The well-known Quattro LNBs normally need a multi-switch. - More Info - EAN: 7611682000467

SAT multiswitch Goobay MS 508 PQ Inputs (multiswitches): 5 (4 SAT/1 terrestrial) No. of participants: 8 incl. LNBWith this conversion kit, you will be able to expand your base unit to 8 subscribers or to digital reception. You can continue to use your existing SAT wires.This text is machine translated. - More Info - EAN: 4040849672514

You may also like...

       
Apps & Games Clothing Electronics & Photo Large Appliances
Baby Womens Apparel Garden Lighting
Beauty Mens Apparel Outdoors Luggage
Books Girls Apparel Health & Personal Care Pet Supplies
Car Boys Apparel Home Shoes & Bags
Motorbike Computers & Accessories Kitchen Equipment Sports & Outdoors
Fashion DIY & Tools Jewellery Toys & Games