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Pay TV and Cable Providers Lost 5.8M Subscribers in 2022

M

Mikey Radio

Pay TV and Cable Providers Lost 5.8M Subscribers in 2022​

www.hollywoodreporter.com

Pay TV and Cable Providers Lost 5.8M Subscribers in 2022

Cable TV providers were hardest hit, with total loss of 3.5 million subscribers in 2022, compared to 2.7 million in 2021.
www.hollywoodreporter.com www.hollywoodreporter.com
The largest pay-TV providers lost a total of 5.8 million net video subscribers in 2022, compared to a loss of 4.7 million in 2021, according to the latest tally from Leichtman Research Group. The pain was felt most acutely among the cable providers, who saw a total loss of 3.5 million subscribers in 2022, compared to 2.7 million in 2021. Of those, Comcast saw the biggest drop, losing just over 2 million subscribers, followed by Charter, with a loss of 686,000, and an estimated drop of 340,000 for Cox.
Satellite TV provider DirecTV also saw a big loss, losing an estimated 1.5 million subscribers in 2022, according to the research group.
This comes as traditional media’s move into streaming, which is meant to offset the loss in cable subscribers, is still in a transition phase
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Dish Loses 552K Pay TV Subscribers in First Quarter 2023​

www.yahoo.com

Dish Loses 552K Pay TV Subscribers in First Quarter

Dish Network reported that it lost about 552,000 net pay TV subscribers in the first quarter, compared with a decline of 462,000 in the year-ago period and a drop of 268,000 in the fourth quarter of 2022. The company, led by CEO Erik Carlson and chairman Charlie Ergen, ended the financial...
www.yahoo.com www.yahoo.com
Dish Network reported that it lost about 552,000 net pay TV subscribers in the first quarter, compared with a decline of 462,000 in the year-ago period and a drop of 268,000 in the fourth quarter of 2022.
The company, led by CEO Erik Carlson and chairman Charlie Ergen, ended the financial quarter with 9.2 million total subscribers. That includes 7.09 million Dish TV customers and 2.1 million Sling TV subscribers, which faces stiff competition from YouTube TV, Hulu+ Live TV and fuboTV.
Click to expand...
Dish is looking to transform itself from a satellite TV provider in decline to offering a 5G wireless network as part of a broadband wireless business. The company lost 81,000 wireless phone subscribers during the first quarter, against a year-earlier loss 343,000 customers to close the latest quarter with 7.91 million subscribers.
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