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Traditional Pay-TV Subscriptions Down by 6 Million as Cord-Cutting Trend Continues to Grow

2020-02-26 70 Dailymotion

Traditional Pay-TV Subscriptions<br />Down by 6 Million as Cord-Cutting<br />Trend Continues to Grow Wall Street analysts firm MoffettNathanson<br />recently analyzed the subscriber numbers for<br />various traditional pay-TV providers. According to their estimates, traditional pay-TV<br />has seen a seven percent year-over-year decline, with<br />a staggering six million customers lost in 2019. In the fourth quarter of 2019 alone,<br />AT&T lost 1.16 million TV accounts, Comcast<br />lost 149,000 and Charter lost 101,000. These numbers are reflective of the growing cord-cutting<br />trend, as customers are becoming increasingly satisfied<br />with streaming packages such as Netflix and Hulu. Not only are customers able to<br />customize their online services, and<br />view content on a variety of devices, they’re also able to avoid the steadily increasing<br />prices of pay-television subscriptions. In order to adjust, pay-TV providers<br />are finding themselves “universally shifting”<br />to accommodate cord-cutting. MoffettNathanson,<br />via ‘Variety’

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