Topic: pay TV subscriber losses
AT&T has reason to be concerned about the health of its satellite TV business, but DirecTV isn’t going away anytime soon.
The third-quarter earnings season has wrapped up for the top publicly traded pay TV operators in the U.S., and it's time to break down the numbers.
Dish Network lost 341,000 net video subscribers during the third quarter as satellite declines greatly outpaced slowing growth for Sling TV.
Altice USA lost 28,000 Cablevision and Suddenlink video subscribers in the third quarter, a slight improvement over the 32,000 it lost one year ago.
Comcast lost 95,000 video subscribers in the third quarter but that’s a significant improvement over the 134,000 it lost a year ago.
Charter Communications lost another 66,000 video subscribers during the third quarter but that didn’t stop the company from growing its video revenue.
Comcast gave back another 95,000 residential video subscribers during the third quarter but still grew revenues for its cable segment.
AT&T’s traditional video services, DirecTV and U-verse, lost a combined 395,000 subscribers during the third quarter and virtual MVPD DirecTV Now saw its growth slow.
Altice USA turned in its second-quarter results and showed that its video subscriber losses have declined since last year.
Charter Communications announced its Q2 earnings, including 73,000 lost video subscribers, which is both a quarterly and annual improvement.