The research firm said that combined residential and commercial subscribers for US cable, satellite and telco platforms fell to 100.4 million at the end of the second quarter, following an “uncharacteristically weak first quarter.”
According to the report, there is likely to be a “much larger decline for full-year 2015 than the industry produced between 2010 and 2014, during what could essentially be seen as a period of general malaise.”
“Cable’s basic-subscriber losses, at 350,000, came in at their lowest level since 2008, when the segment shed 211,000 basic video customers in the seasonally weak period,” according to SNL.
The satellite segment lost an estimated 304,000 subscribers in Q2, as DirecTV and DISH Network both reported record declines.
“The inconclusive movement in US multichannel subscriptions took a more decisive direction in the second quarter, producing the largest loss to date amid growing fears of cord cutting,” said SNL.
ICYMI: Amazon set for US$1 billion NFL streaming deal digitaltveurope.com/2021/03/05/ama… https://t.co/v8pAI05Ujn
05 March 2021 @ 21:00:00 UTC
ICYMI: Digital TV Europe is excited to announce the release of our 2021 Industry Survey!
Thank you to our sponsors… twitter.com/i/web/status/1…
05 March 2021 @ 19:00:02 UTC
DTVE: the week in view – The live-streaming revolution digitaltveurope.com/comment/the-li… https://t.co/pt7qxb6Ul7
05 March 2021 @ 18:32:30 UTC
Vodafone Portugal gets Gametoon in renewed SPI/FilmBox deal digitaltveurope.com/2021/03/05/vod… https://t.co/I0gFmgtOFb
05 March 2021 @ 18:00:00 UTC