Skinny TV helps stem pay-TV losses in Q2 | Pay-TV | News | Rapid TV News
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The pressure on pay-TV providers in the US abated in the second quarter, thanks to the launch of their own direct-to-consumer services.
sling 17Aug2018
According to the Q2 2018 US Multichannel Subscriber Report by Kagan, combined cable, direct broadcast satellite (DBS) and telco multichannel sectors lost 860,640 video subscribers in the three-month period ended 30 June, ending the quarter at 92.2 million subscriptions (89.4 million of them residential customers).

However, throwing skinny-TV services DIRECTV NOW and Sling TV (owned by Dish Network) into the mix reduces the quarterly subscription losses by approximately 45%, raising the residential figure to 93.5 million. The residential multichannel penetration rate stood at 75% as of June 30 when including the virtual services.

Meanwhile, the telco video segment improved dramatically during the period, reducing its losses to just 56,000, or just a fraction of the pattern of quarterly losses established in the last two years.

Kagan’s analysis joins other research which shows other traditional distribution segments still lagged: The DBS platform logged its second-largest quarterly decline on record, losing a combined 478,000 customers; and cable logged its largest second-quarter video subscriber drop since 2015, bringing year-to-date losses to 685,790.