'Cord nevers' get some attention

Video subscriber growth for traditional pay-TV distributors may be a thing of the past, and "cord nevers," or young people who have never subscribed and don't plan to start, are part of the reason. Bloomberg takes a look at this cohort and its effect on the cable, satellite and phone companies who have traditionally supplied Americans with the bulk of their home entertainment. Though change is coming, it may be slow, one analyst told Bloomberg. Brahm Eiley of Convergence Consulting Group told Bloomberg that the traditional distributors will spend an estimated $45 billion on programming rights this year, while Netflix will spend $2.4 billion. "The revolution will take a long time," he said. Read more

Suggested Articles

Virtual MVPD fuboTV posted a net loss of $99.8 million during the second quarter as its subscriber count held mostly steady.

After second-quarter video subscriber losses were better than feared, UBS has adjusted its cord-cutting estimate for 2020.

Redbox said Tastemade and Cheddar are now live on its free, live TV service, which now has more than 60 channels.