Cable, IPTV and satellite subscriptions declined but revenue steady

Roshan Dwivedi Published on : 14 July 2016

The overall number of TV subscribers dropped to 11.2 million as of Aug. 31, 2015 from 11.4 million in 2014, according to the Canadian Radio-television and Telecommunications Commission annual financial report on cable, Internet Protocol television (IPTV) and satellite companies.

It’s the third year in a row television subscriptions have declined as streaming services such as Netflix boast huge gains, with a million Canadians estimated to have signed up for the U.S. online video service between June 2015 and April 2016 alone for a total of more than five million subscribers, according to Toronto-based Solutions Research Group.

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Written by: Roshan Dwivedi

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