US pay TV industry reports ‘first ever Q1 subscriber loss’

The largest pay TV providers in the US – representing 95% of the market – lost some 410,000 net video subscribers in 1Q 2017, according to Leichtman Research Group. This drop compares to a gain of about 10,000 subscribers in the first quarter of 2016, as customer gains for internet-delivered services – like Sling TV and DirecTV […]

Netflix hit by weak Q2 subscriber forecasts

Netflix reported a record number of new subscribers in Q1, but its share price dropped more than 7% in after-hours trading after it issued a weak forecast for the current quarter. Netflix said it expects to add 2.5 million members in the second quarter of 2016 – 2.0 million internationally and 500,000 in the US. […]