Article 4AKF8 Cable and satellite TV sinks again as online streaming soars

Cable and satellite TV sinks again as online streaming soars

by
Jon Brodkin
from Ars Technica - All content on (#4AKF8)
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Cord cutting continued at a steady rate in 2018, as cable and satellite TV providers in the United States lost more than 3 million video subscribers, a new report from Leichtman Research Group said.

Satellite TV services were hit especially hard. AT&T-owned DirecTV lost 1.24 million subscribers and finished 2018 with 19.2 million subscribers. Meanwhile, Dish lost 1.13 million subscribers and ended 2018 with 9.9 million. The combined DirecTV and Dish losses of 2.36 million customers in 2018 was up from the companies' combined loss of 1.55 million in 2017.

The top cable companies-Comcast, Charter, Cox, Altice, Mediacom, and Cable One-lost a combined 910,000 TV subscribers in 2018, up from a net loss of 660,000 in 2017. The six companies had a total of 47 million TV subscribers at the end of 2018.

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