Comcast lost another 125,000 residential
cable subscribers in its most recent quarter, while DirecTV lost 90,000.
According to the latest full year report compiled by BI Intelligence, cable companies reported the lowest amount of
cable subscribers in years, but growing broadband internet subscribers:
Not exact matches
Comcast may have added
subscribers overall, but its NBCUniversal unit reported some weakness
in subscriber numbers, saying growth
in revenue was «partially offset by a decline
in subscribers at our
cable networks.»
Pacific Crest analyst Andy Hargreaves estimated that the top 8
cable companies lost 463,000
subscribers in the second quarter of 2015 compared to a decline of 141,000 for the second quarter last year.
AT&T (t) unveiled DirecTV Now
in November, offering
subscribers access to watch more than 100
cable TV channels over the Internet starting at $ 35 a month.
The Justice Department says the merger could lead to $ 463 million
in extra fees being passed along to
cable subscribers each year.
But someone clearly forgot to tell Comcast that its
cable business is supposed to be shrinking —
in the latest quarter, the company added more
subscribers than it has
in almost a decade.
Given the amount of money that ESPN gets per
subscriber — the highest
in cable land at an estimated $ 6.41 each per month — that means the network has given up half a billion dollars
in revenue.
That is among the findings of a new report from Englewood, Colo. - based research firm IHS which shows Canadian
cable providers lost over 10,000
subscribers in Q2, making for three straight quarters of losses (satellite has recorded losses for five straight quarters).
It's probably good that Disney isn't relying on that idea too much because, according to one recent survey, only 6 % of
subscribers in a recent survey of
cable users said that they would be willing to pay $ 20 a month for ESPN.
The move to streaming services has led to a significant decline
in subscribers for the country's
cable companies, including market leader Rogers with its 5.2 million
subscribers.
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.
The
cable giant added 53,000
subscribers in the last quarter — its best performance
in almost a decade — and some analysts saying reports of the death of
cable «have been greatly exaggerated.»
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.
A loss of
cable subscribers, and the revenue that comes with them, doesn't mean a completely equal loss
in total revenue for the industry, however.
The
subscriber decline,
in particular, should concern
cable and satellite TV companies.
In 2011, US
subscribers to pay TV, on average, paid $ 73.63 for
cable or satellite.
As Karl Bode at DSL Reports put it
in his brief analysis of the latest MoffettNathanson numbers: «The bad news for
cable is the majority of them continue the slow trickling loss of
subscribers that, unless you work somewhere
in the
cable ecosystem with your head buried
in the sand, nobody believes is going to stop any time soon.»
The company's successful push into original programming has resulted
in it signing up more U.S.
subscribers than country's largest
cable companies combined.
The job cuts follow a loss of
cable subscribers and a miss
in its quarterly earnings last summer.
In Canada, TSN's 9.1 million viewers and Sportsnet's 8.8 million
subscribers have no choice but to pay one of the Big Three
cable providers for their live - sports fix.
His $ 37 - billion deal
in 2009 to combine General Electric Co's NBCUniversal business and Comcast's
cable networks put him
in charge of more than 20 million
subscribers of video, internet and voice services, the broadcast network known for «Friends» and «Seinfeld,» plus theme parks and the film studio.
Twitter is also said to be working on a way to allow
cable subscribers to log
in to their accounts so that they can watch
cable programming through Twitter and also follow along with tweets about the content.
Broadcasters including ABC, CBS, Fox, NBC and PBS sued Aereo for copyright infringement, saying Aereo should pay for redistributing the programming
in the same way
cable and satellite systems must or risk high - profile blackouts of channels that anger their
subscribers.
The deal will create the second largest
cable company
in the U.S., with 17 million video
subscribers, behind only Comcast with 22 million.
The service, which provides access to more than 100
cable channels, had 328,000
subscriber in its first two months after debuting at the end of November, Bloomberg reported.
The company, majority owned by Walt Disney Co., has lost 3.2 million
subscribers in a little over a year, according to Nielsen data, as people have «cut the cord» by dropping their
cable - TV subscriptions or downgraded to cheaper, slimmed - down TV packages devoid of expensive sports channels like ESPN.
In other words, if ESPN is losing
subscribers, it's more likely due to American households dropping
cable TV services altogether than opting out of ESPN specifically.
Cable sports giant ESPN's struggles
in recent years have been well - documented, with the Walt Disney - owned network shedding more than 12 million
subscribers in the past six years as the number of cord - cutters has ticked upwards and
cable providers have started offering slimmer bundles that don't always include ESPN.
More than 81 million
subscribers pay Netflix $ 8 to $ 12 a month, and slowly but unmistakably these consumers are giving up
cable for internet television: Over the last five years,
cable has lost 6.7 million
subscribers; more than a quarter of millennials (70 percent of whom use streaming services) report having never subscribed to
cable in their lives.
With the announcement came an important milestone for the company: Netflix now has more paying
subscribers than Comcast, the largest
cable television provider
in the United States.
Disney CEO Bob Iger confirmed that ESPN has lost a relatively small but nonetheless significant number of
subscribers, resulting
in smaller - than - expected profits from Disney's
cable channels business.
In the second quarter,
cable and satellite providers like Comcast and Dish Network (DISH) continued to have trouble holding onto
subscribers.
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.
As proposed, the deal would have married AT&T's 100 million
cable and wireless
subscribers and Time Warner's valuable content brands, like HBO and CNN, hoping to further solidify its place
in consumers» living rooms and smartphones.
Internet providers generally won't lay
cables in places where there aren't enough potential
subscribers to make it profitable, keeping a lot of the world offline.
And using some complex mathematical formulas, MoffettNathanson analyst Michael Nathanson arrived at some interesting per -
subscriber price projections for major
cable networks operating
in a world where channels get paid based more purely on the amount of people who actually watch them.
Actually @twospruces Rogers (the largest
cable provider
in Canada) offered an unlimited internet plan for $ 80 CA per month (I was a
subscriber).
April 25 Comcast Corp posted quarterly earnings that topped Wall Street estimates on Wednesday as the communications company cut expenses and a rise
in high - speed internet customers exceeded a drop
in cable television
subscribers.
Analyst Rich Greenfield, a frequent skeptic about ESPN's future
in a cord - cutting world, commissioned a study that found that 56 % of
cable subscribers would drop the sports network and ESPN2 to save $ 8 a month.
In addition, under the
Cable Communications Policy Act,
cable operators are now required to make available by lease or sale a lock - box device which allows the
subscriber to use a key to lock out the viewing of a particular
cable service.
And just as the Sox seem more competitive on the field, SportsVision is about to tap the
cable market, which includes a potential 2.7 million
subscribers in Illinois.
The vandalism affected 30,000
cable subscribers and caused $ 12,000
in damage, sources said.
Today The Education Channel,
cable channel 20, is available to all basic
cable television
subscribers in the county.
Due largely
in part to NFL Sunday Ticket, DIRECTV is the satellite market leader and is gaining on the
cable subscriber base as well.
Some TV providers, for example, would only sell the new, cheaper packages
in tandem with Internet services, said Hutton, or deny bundling discounts to skinny
cable subscribers.
Hallmark Channel, owned and operated by Crown Media Holdings, Inc., is a 24 - hour basic
cable network that provides a diverse slate of high - quality entertainment programming available
in high definition (HD) and standard definition (SD) to a national audience of 88 million
subscribers.
Dear Cashing
In,
In Canada, Rogers Communications just announced a credit card that enables Rogers
subscribers to earn points for every dollar spent on wireless,
cable, Internet and home phone services.
The service stars
in North America on April 1ST and will give Xbox 360 owners with a HBO
cable subscription and new HBO Go
subscribers, access to most of their favourite TV shows that have also aired on the broadcasters dedicated
cable TV channel.
In addition, their copper cable network is collapsing, because subscribers are abandoning it in favor of their faster FIOS (fiber optic) networ
In addition, their copper
cable network is collapsing, because
subscribers are abandoning it
in favor of their faster FIOS (fiber optic) networ
in favor of their faster FIOS (fiber optic) network.