U.S. Pay TV Subscriber Losses Almost One Million In 2Q 2017

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Kagan Releases Second Quarter U.S. Multichannel Subscriber Report

MONTEREY, CA — The legacy multichannel universe lost a record number of customers in the quarter ended June 30, 2017, but managed to keep the decline below the symbolic one-million threshold. At the mid-year mark, however, the trajectory continues to point to an unprecedented annual decline according to data compiled by Kagan, a group within S&P Global Market Intelligence.

Overall, traditional multichannel subscriptions dropped below 96.1 million in the second quarter, down 1.8 million since year-end 2016. Adding the top two virtual service providers (VSPs) affiliated with legacy multichannel distributors –DISH Network’s Sling TV and AT&T’s DIRECTV NOW – lifts the combined total subscriptions to a package of live linear channels and on-demand content to 98 million.

Additional takeaways from Kagan’s second-quarter U.S. Multichannel Subscriber report:

Links: Kagan