Largest-ever quarterly loss of Pay TV Customers
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Verizon Reports Flat Q3 Profit, Says Plans For Live OTT Launch Still TBD
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I suspect that navychop is using the secondary definition of NQR from the Urban Dictionary: anything that doesn't seem reasonable. The primary definition is someone who appears to be mentally retarded.
Given that DISH and AT&T lost around 700,000 combined subscribers (if you throw in Uverse), I'd guess the 1 million number is perhaps low. Comcast has been shuffling off video subscribers at a pretty high rate and I'd imagine Altice, Cox and Charter aren't tearing up the adds.
FIOS is also divided between Verizon and the markets that they sold off to Frontier that still market the FIOS TV service. At the end of 2017, FIOS comprised less that 5.6 million subscribers; about 17% of which were Frontier customers. I see where Verizon FIOS lost 41,000 in a quarter earlier this year.
Maybe he's suggesting that we make sure we separate FIOS broadband (perhaps on an upswing) from FIOS TV (on a downswing?).
Given that DISH and AT&T lost around 700,000 combined subscribers (if you throw in Uverse), I'd guess the 1 million number is perhaps low. Comcast has been shuffling off video subscribers at a pretty high rate and I'd imagine Altice, Cox and Charter aren't tearing up the adds.
FIOS is also divided between Verizon and the markets that they sold off to Frontier that still market the FIOS TV service. At the end of 2017, FIOS comprised less that 5.6 million subscribers; about 17% of which were Frontier customers. I see where Verizon FIOS lost 41,000 in a quarter earlier this year.
Maybe he's suggesting that we make sure we separate FIOS broadband (perhaps on an upswing) from FIOS TV (on a downswing?).
- Nov 29, 2003
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IPTV providers AT&T U-Verse and Verizon FiOS saw smaller losses of 104,000 customers combined.
The TV industry just had its worst quarter ever as over 1 million customers cut the cord
The TV industry just had its worst quarter ever as over 1 million customers cut the cord
- Nov 29, 2003
- 17,596
- 23,045
The biggest takeaway I get from that story is out of that million leaving the majority are not going to the live TV Streaming services based on the numbers reported by Sling and D-Now, I would assume they are going Netlix. OTA, Hulu (Regular not live), etc) and that is just the Cord Cutters, what about the Cord Nevers ( the USA population grows by 1.5 million every year and has for the last thirty years ), they are just happy with the Netflix type service and have no need or want for Traditional TV Service, any of us with children under 25 can attest to this.
There are many ways to read the numbers as well as different times to look at the numbers. Making assumptions about where things are going in the TV world based on what happened during the Summer (where new network programming and sports are infrequent) will likely result in pretty lousy summations/projections.
- Nov 29, 2003
- 17,596
- 23,045
I am not basing it on the last quarter, I am basing it on the last few years.
I think it's pretty clear where things are going. Cord-Cutting Explodes: 22 Million U.S. Adults Will Have Canceled Cable, Satellite TV by End of 2017
While the mass exodus may eventually level off, we're not likely to see millions of people wake up one day and decide paying $150+/mo to one TV service is a better entertainment option for them. Certainly not young adults who grew up on Netflix, Hulu, and YouTube.
While the mass exodus may eventually level off, we're not likely to see millions of people wake up one day and decide paying $150+/mo to one TV service is a better entertainment option for them. Certainly not young adults who grew up on Netflix, Hulu, and YouTube.
You mean those young adults heading for a rude awakening?
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- Nov 29, 2003
- 17,596
- 23,045
- Nov 29, 2003
- 17,596
- 23,045
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Traditional Cable/Sat. Providers would have to have a price freeze ( never happen) for 5-7 years on programming packages before OTT services would catch up and that does not even include the fees..
Traditional Cable/Sat. Providers would have to have a price freeze ( never happen) for 5-7 years on programming packages before OTT services would catch up and that does not even include the fees..
Prices will rise but if you use OTT services you don't have to pay for equipment fees, transmissions fees, taxes, etc.... Even with prices rising, the cost will always be less than traditional cable/satellite providers. I think cable/satellite providers are the ones heading for a rude awakening.
It is not so much the OTT services raising prices, it is the cost of internet that will rise dramatically. Just watch!
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