Pay TV revenues have begun to fall for the first time after nearly a decade of subscriber losses, and it’s only going to get worse
|04/23/2019||Posted by BusinessMediaguide.Com under General World News||
- Cord-cutting finally started to weigh on traditional pay-TV revenues in 2018.
- Revenue from traditional pay-TV access, including cable, satellite, and telecom TV services, fell 3% year-over-year, after being flat in 2017 and rising in previous years, Convergence Research Group found.
- The traditional pay-TV industry lost an estimated 4 million subscribers in the US last year.
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After nearly a decade of losing TV subscribers to streaming services, US cable and other traditional pay-TV revenue showed its first notable decline in 2018, according to new research from Convergence Research Group, a firm that consults for internet, content, read more >>>