Muvi Blogs

Beyond The Buzz- Latest Insights From Muvi

Top 20 Cable TV Providers Lost Nearly 0.5 Million Subscribers In 2nd Quarter 02 September 2015

The rise of Internet TV platforms is causing havoc in the camp of traditional TV providers. In the last quarter, the top 20 cable TV providers lost nearly 0.5 million subscribers. The loss was caused by the growing popularity of online video streaming services., Inc.,DISH Network Corp (NASDAQ:DISH) and Netflix, Inc. are some of the over-the-top (OTT) TV providers that are causing woes for the traditional TV industry.

Pay-TV companies are having a rough time this year. After booking their first net loss of subscribers in the first quarter of 2015, subscriber churn continues for these entertainment providers. It has emerged that the top 20 traditional pay-TV providers lost a combined 490,000 subscribers in the second quarter of 2015. Of course, cable companies still have hold of tens of millions customers, but the recent developments reveal a worry trend for the companies.

Read the entire story here.

Don't forget to share this post!

Related Posts

White Papers

Latest Tweets

Join Us On Facebook

Subscribe to our Newsletter

Launching your own
OTT product

has never been easier
Take a Free Trial
No Credit Card required!