Pay-TV providers lost almost 4.7 million net video subscribers in 2021, according to a new report by Leichtman Research Group.The company surveys companies representing about 93% of the total market.
It found that overall losses last year moderated slightly compared with 2020, when about 4.9 million people cut the cord. Both figures were notably higher than the 4.1 million drops in 2019, however, indicating the pay-TV bundle is continuing to unravel at a significant pace.Total subscriber levels are now at 76.1 million.
The top seven cable companies have 41.3 million of those, with other services (including satellite operators DirecTV and Dish) accounting for 26.8 million.
The remaining 7.9 million subscribers have an internet-delivered package like Hulu + Live TV. Those virtual MVPDs added about 895,000 subscribers in 2021, down from a gain of 915,000 in the prior year.Two significant distributors in the internet bundle game — YouTube TV and Philo — are not captured by Leichtman Research Group’s report, as they report subscriber numbers only occasionally.
Read more on deadline.com
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.