Pay-TV Subscriber Losses Nearly 1.5 Million Last Year, LRG Says
U.S. pay-TV providers covering about 95 percent of the market lost 1.5 million video subscribers last year, compared with a 760,000 pro forma loss the year before, Leichtman Research Group said Monday. LRG said the top six cable companies lost…
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roughly 660,000 video subs in 2017 vs. 275,000. It said direct broadcast satellite lost about 1.55 million subscribers vs. 40,000. Telco losses slowed to 885,000 from 1.359 million. Most of those telco losses both years were from AT&T's U-verse, Leichtman said. LRG said sub losses from traditional services were about 3.1 million; those were offset somewhat by gains from internet-delivered services.