Subscribe and receive the latest news from the industry.
Join 62,000+ members. Yes it's completely free.
Major pay-TV providers lost about 5M subscribers in 2023 – Leichtman Research Group
The top pay-TV providers now account for about 71.3 million subscribers. #pressrelease
March 8, 2024
1 Min Read
DURHAM, New Hampshire – Leichtman Research Group, Inc. (LRG) found that the largest pay-TV providers in the U.S. – representing about 96% of the market – lost about 5,035,000 net video subscribers in 2023, compared to a pro forma net loss of about 4,590,000 in 2022.
The top pay-TV providers now account for about 71.3 million subscribers – with the top seven cable companies having about 34.1 million video subscribers, other traditional pay-TV services having 21 million subscribers, and the top Internet-delivered (vMVPD) pay-TV services (including estimates for YouTube TV) having 16.2 million subscribers.
Key findings for the year include:
Top cable providers had a net loss of about 3,825,000 video subscribers in 2023 – compared to a loss of about 3,540,000 subscribers in 2022
Other traditional pay-TV services had a net loss of about 3,105,000 subscribers in 2023 – compared to a loss of about 2,720,000 subscribers in 2022
Top vMVPDs added about 1,895,000 subscribers in 2023 – compared to a gain of about 1,670,000 subscribers in 2022
Traditional pay-TV services (not including vMVPD) had a net loss of about 6,930,000 subscribers in 2023 – compared to a net loss of about 6,260,000 in 2022
Read the full press release here.
You May Also Like
Latest News
_International_Software_Products.jpeg?width=300&auto=webp&quality=80&disable=upscale)
Popular whitepapers in 5G
May 21 - May 23, 2024
May 21 - May 23, 2024
Join us for an immersive experience where the future of North American telecom industry unfolds in 2024.
LEARN MORE
