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Marked fewest video net losses in a Q2 since 2014, LRG says.
August 13, 2018
Durham, N.H. — August 13, 2018 — Leichtman Research Group, Inc. (LRG) found that the largest pay-TV providers in the U.S. – representing about 95% of the market – lost about 415,000 net video subscribers in 2Q 2018, compared to a pro forma loss of about 660,000 subscribers in 2Q 2017.
The top pay-TV providers now account for about 91.3 million subscribers – with the top six cable companies having 47.4 million video subscribers, satellite TV services 30.6 million subscribers, the top telephone companies 9.1 million subscribers, and the top Internet-delivered pay-TV services 4.2 million subscribers.
Key findings for the quarter include:
The top six cable companies lost about 275,000 video subscribers in 2Q 2018 – compared to a loss about 190,000 subscribers in 2Q 2017
Satellite TV services lost about 480,000 subscribers in 2Q 2018 – compared to a loss of about 470,000 subscribers in 2Q 2017
DBS net losses were more than in any previous quarter
Net losses for DIRECTV were more than in any previous quarter The top telephone providers lost about 45,000 video subscribers in 2Q 2018 – compared to a loss of 270,000 subscribers in 2Q 2017
Net losses for the top Telcos were the fewest in any quarter since 3Q 2015
AT&T U-verse reported net video additions for the first time since 1Q 2015
Internet-delivered services (Sling TV and DIRECTV NOW) added about 385,000 subscribers in 2Q 2018 – compared to about 270,000 net adds in 2Q 2017
Traditional pay-TV services (not including Internet-delivered services) lost about 800,000 subscribers in 2Q 2018 – compared to a loss of about 930,000 in 2Q 2017
Leichtman Research Group Inc. (LRG)
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