Another Million Subscribers Cut the Pay TV Cord Last Quarter Third quarter earnings data indicates that a million more US pay TV subscribers cut the TV cord last quarter. Only five of the seven biggest pay TV providers have released their third quarter subscriber data, but collectively these companies saw a net loss of 632,000 pay TV subscribers during the period (385,000 for AT&T and DirecTV, 125,000 for Comcast, 104,000 for Charter, 18.000 for Verizon FiOS TV). Dish has yet to report its own cord cutting tallies, but the company is again expected to be among the hardest hit due to a high level of retransmission fee feuds and a lack of broadband bundles. Also yet to report is Altice Communications, which now owns Optimum (formerly Cablevision) and Suddenlink.







News Jump Charter Relaunches Free 60-day Internet And Wi-Fi Offer; NCTA: FCC Should Stick With 25/3 Speed Threshold; + more news Comcast Shuts Off Internet for Subs Who Were Sold Service Illegally; AT&T, Verizon Team To Stop T-Mobile 5G; + more news California Defends Its Net Neutrality Law; AT&T's Traffic Up 20% Despite Data Traffic Actually Being Down; + more news Are The Comcast-Charter X1 Talks Dead In The Water?; AT&T May Offer Phone Plans With Ads For Discounts; + more news Europe's Top Court: Net Neutrality Rules Bar Zero Rating; ViacomCBS To Rebrand CBS All Access As Paramount+; + more news Verizon To Buy Reseller TracFone For $7B; 5G Not The Competitive Threat To Cable Many Thought It Would Be; + more news MS.Wants Records From AT&T On $300M Project; Google Fiber Outages In Austin, Houston, Other Texan Cities; + more news States With The Biggest Decreases In Speed; AT&T Hopes You'll Forget Its Fight Against Accurate Maps; + more news AT&T's CEO Has A Familiar $olution To US Broadband Woes; EarthLink Files Suit Against Charter; + more news 5G Doesn't Live Up To Hype, AT&T's 5G Slower Than Its 4G; Cord-Cutting Now In 37% of Broadband Households; + more news ---------------------- this week last week most discussed

Most recommended from 33 comments

adam1991

join:2012-06-16

united state 12 recommendations adam1991 Member Do the math, ESPN A million subs, $7/month...that's $7 million/month less revenue.



That's $94 million/year less revenue.



JUST AS A RESULT OF THE LAST QUARTER.



Imagine extrapolating that to a whole year. Is ESPN losing $350 million to $400 million per year in revenue lately?



I can't *wait* to see that particular trickle-down effect. Roadkill

Premium Member

join:2008-06-17

united state 12 recommendations Roadkill Premium Member Another million What will be the lesson learned by pay TV operators? Will they bend the knee and look for a better way to operate, or will the ISP use caps and charge more? Pay TV has long been a cash cow with a few hundred trash channels and 10 or less channels of real interest. People want to pay for what they watch instead of ever increasing rates for sports and endless copy-cat Reality TV.

Trimline

Premium Member

join:2004-10-24

Windermere, FL 114.5 12.1

9 recommendations Trimline Premium Member You Know It Is Getting Bad When Burger King

Antenna TV You know it is getting bad when Burger King cuts the cord and goes antenna TV. dickie757

join:2013-04-30

Suffolk, VA 1 edit 2 recommendations dickie757 Member Voting with your wallet Voting with your wallet



It would be great to be able to do this with local government.



Hold back tax dollars/put into escrow if the elected/appointed screw with our already paid for infrastructure. Or receive subsidies like the corporealations...



I vote, but I will never get back the tax dollars that go to injust decisions.