Muvi Blogs

Beyond The Buzz- Latest Insights From Muvi

Please wait while we enable your Account

0%

Contacting Amazon Web Services
Deploying Cloud Servers, Storage, Transcoding & Database Servers
Deploying Global CDN
Deploying Firewall & Enabling Security Measures
Deploying the CMS & Admin Module
Deploying Website, Mobile & TV Apps framework
Creating your FTP account
Finishing up all the modules
Preparing for launch

300,000 Subs Ditch Pay-TV In The Midst Of A Cord Cutting Revolution 20 October 2015

Pay-TV Subscribers Loss Bloomberg Analyst

 

Nothing’s worked for the Pay-TV industry in the recent times. Going by the new Bloomberg estimate, it seems to have gotten worse than ever.

About 300,000 Americans have given up their TV service last quarter and the cord cutting sympathizers are calling it a big news.

Bloomberg Estimate Pay TV Subscribers Loss

Analyst estimates for TV subscribers pegs the figure at 280,000-360,000 for subscribers who canceled their video packages from cable, phone and satellite providers including Comcast and Dish Network. At 600,000 in Q2, this looks ‘okay’ but the consistency of losses is alarming for the industry.

Other analysts have defended the numbers claiming that the big numbers over the summer were not really due to cord cutting but due to a series of industry mergers that distracted pay-TV providers from offering promotions to attract more customers. They went even further claiming that second quarter is also seasonally the most challenging because college students cancel subscriptions at the end of their school terms.

However they may try to cover it up, a loss to Pay-TV and the subsequent gain to VOD services is a clear sign that the road ahead for Pay-TV and that…it will not be easy.

Don't forget to share this post!


Latest Posts

Try Muvi One free for 14 days

No Credit Card Required

.muvi.com
Your website will be at https://yourname.muvi.com, you can change this later.

Related Blogs
11 Biggest Streaming Mistakes That Live Streamers Make + How to Avoid Them

11 Biggest Streaming Mistakes That Live Streamers Make + How to Avoid Them

  Are you a newbie live streamer, afraid of streaming mistakes? Then, you are on the right page! We will...

30 March 2023
The 9 Best Live Broadcasting Software of 2023

The 9 Best Live Broadcasting Software of 2023

  Introduction Live streaming has become quite popular over the last decade and has emerged as an easy-to-reach method of...

27 March 2023
Get a Free ‘Exclusive’ Visitor Pass for The NAB Show Las Vegas, 2023,with Muvi

Get a Free ‘Exclusive’ Visitor Pass for The NAB Show Las Vegas, 2023,with Muvi

Muvi – the world’s first no-code OTT platform is ready to showcase its powerful features at the NAB Show 2023,...

23 March 2023
The Importance of Security in eLearning Platforms

The Importance of Security in eLearning Platforms

  In recent years, eLearning has become increasingly popular as a means of accessing education and training online. With the...

20 March 2023
Design Stunning VOD Websites & Applications with Muvi Visual Designer at NAB 2023 Las Vegas

Design Stunning VOD Websites & Applications with Muvi Visual Designer at NAB 2023 Las Vegas

  Celebrating 100 years of broadcast media and entertainment innovation, NAB 2023 is just a few days away. The best...

17 March 2023




 

Book a Meeting
close-link