The company has been relying on promotions and discounts to stabilize its wireless and pay -
TV subscriber numbers, which have taken a toll on its margins, New Street Research analyst Jonathan Chaplin said in an interview.
What we do know is that Comcast is looking for new areas of growth as pay -
TV subscriber numbers continue to decline.
Not exact matches
Some analysts also point out that Comcast is including
subscribers to its own Stream
TV over-the-top service in its
numbers.
Says Brannon, «The total
number of
subscribers leaving pay
TV is going to be so low that increases in ARPU are going to make the transition of these folks away from pay
TV virtually a small blip on the radar.»
Appearing at the regulator's Let's Talk
TV hearings, the streaming company caused a stir when it refused to supply requested
subscriber and revenue
numbers, causing the CRTC chairman and commissioners to storm out to talk amongst themselves.
After companies from cable giant Comcast to satellite
TV titan AT&T, which owns DirecTV, reported their fourth quarter results, the total
number of pay
TV subscribers dropped 3.4 % from a year earlier, the highest rate of decline since the trend of cord cutting emerged in 2010, analysts at MoffettNathanson Research reported on Thursday.
And, according to data provided to BI Intelligence, the gap between the
number of
TV and internet
subscribers keeps widening, with more people opting for broadband - only packages.
As growing
numbers of
TV watchers either cut the cord entirely or opt for what cable providers like to call «skinny bundles,» ESPN's iron grip on viewers and
subscribers is being questioned in a way it never has in the past.
It showed a 3 percent drop in the
number of paid
TV subscribers, compared to 2016 data.
Additionally, the strength of Comcast and its 25 - plus million
TV and internet
subscribers inked a partnership with Cox and Charter Communications, the
number - two and three names in cable and internet provisions, to fortify a pipeline for advanced
TV measurement.
But it is also an acknowledgment of where the broadcast industry is heading, as streaming options change viewers» expectations, increasing
numbers of
TV subscribers ditch their subscriptions and some younger consumers never sign up in the first place.
And all along, investors bought the argument: Even if the
number of pay
TV subscribers had stalled, the big media companies seemed as though they were going to wring more money out of the customers they did have — and could sell more stuff to Web
TV entrants like Netflix and Amazon.
However,
subscriber numbers didn't get off to the start the market had hoped, and a disappointing
TV contract renewal with Comcast's (NYSE: CMCSA)» NBC Universal sent the stock crashing to around the $ 10 level within weeks of the big event.
And these
numbers are expected to get even worse during the second quarter, where the drop of
TV subscribers often accelerates due to college kids heading home for the summer (often without reconnecting when they return in the fall).
The research firm SNL Kagan found that the
number of video
subscribers for pay -
TV dropped from 251,000 to just 100,000.
More people are surfing the Internet rather than watch
tv the latest
numbers reveal even more time will be spent online and even less will read the papers and magazine less
subscriber based interest magazines.
Keen on drawing both Sling
TV and PlayStation Vue
subscribers, DirecTV Now was announced with a
number of deals, like offering the Go Big package — normally $ 60 per month — to early
subscribers for just $ 35 per month, and there are often generous free - trial offers as well.
The company's Live
TV service recently crapped out for a small
number of
subscribers during the end of Super Bowl LII.
Our agreements are long term, with remaining terms ranging from approximately three to nine years, and provide for payment to us based on the
number of
subscriber households that receive Current
TV.
If you're a Plex Pass
subscriber streaming Live
TV on any
number of devices supporting it, you...