Cable and Satellite TV Lost 1 Million Subscribers Because of Cord Cutting

Comcast on Thursday beat Wall Street's revenue and profit estimates due to growth in broadband customers, but the company lost more cable TV subscribers than Wall Street expected......»»

Sports TV giant ESPN, which has battled cable TV cord-cutting, is betting big on a $4.99-a-month streaming service that carries a range of programming but not the live ESPN channels......»»

AT&T's DirecTV has lost 4 million customers in two years. Cost-cutting and big decisions l.....»»

Traditional multichannel video programming distributors, or MVPDs, the cable, sat.....»»

Let’s face it, we all know someone who has cancelled their cable plan and opted for one or more streaming services like Netflix. That’s probably because there’s about 39.3 million cutting the cord in 2019 alone (Tech Jury). With more and more peo.....»»

Blackouts on local teams are one woe, along with missing games controlled by cable and satellite companies. One workaround sugge.....»»

Viewers want original shows and no ads. Cord cutting, or people dropping.....»»

The skinny bundles of cable and satellite giants are lagging rival offerings from Hulu and YouTube. Hulu’s live TV service has become the second most-popular “skinny bundle” streaming live-TV channels, behind onl.....»»

The consumer stampede to streaming media from traditional broadcasters is claiming an unexpected victim: high-yield bond investors, who hold hundreds of billions of dollars in junk debt issued by cable, telecom and satellite giants......»»

Internet TV is a better value and more flexible for a growing audience. An acceleration of people dropping their cable TV subscriptions prompted a leading research firm to increase its forecast of so-called cord cutting by 25%. About 50 million peo.....»»

Pay-TV providers lost more than 1 million customers from July to September, the worst-ever decline – a sign that cord cutting is a.....»»

Pay-TV providers lost even more customers in the July-September period than original thought with 1.2 million dropping.....»»

Hint: cord cutting is at record levels. After more than a decade of rapid increases, the average cable TV bill barely budged this year. Subscribers to pay TV, which also include.....»»

People are getting tired of Internet cable channel bundles, too. The rate of consumers dropping their cable and satellite TV packages hit the highest level ever in the last three months of 2018. And for the first time in a few y.....»»

U.S. cable firms ar.....»»

As Walt Disney Co.’s cable channels lost subscribers in recent years and the company pumped billions of dollars into new streaming services, theme parks were a steady source of profit......»»

As Walt Disney Co.’s cable channels lost subscribers in recent years and the company pumped billions of dollars into new streaming services, theme parks were a steady source of profit......»»

As Walt Disney Co.’s cable channels lost subscribers in recent years and the company pumped billions of dollars into new streaming services, theme parks were a steady source of profit......»»

The city of Portland is cutting nearly 1,000 jobs as it faces more than $100 million in lost revenue during the coronavirus pandemic, according to news reports. The Oregonian reports that the job cuts are mostly among seasonal workers for the city pa.....»»

Dish Network lost fewer pay-TV subscribers in the latest quarter. As Fred Katayama reports, the satellite TV provider also posted profit that easily beat expectations......»»