Topic: subscription revenue
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.
CBS' revenue bump was due largely to 79% growth from subscription streaming services All Access and Showtime.
AMC Networks’ growing streaming business suffered a setback last week when Shudder and Sundance Now were taken down from Amazon Channels.
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.
After missing its subscriber growth forecast in the second quarter, Netflix rebounded to outpace its Q3 subscriber estimate by nearly 2 million.
AT&T is launching a WarnerMedia streaming service in late 2019, and the plans could have a negative impact on the company’s OTT services.
Global TV, video subscription and advertising revenue will keep growing over the next few years and OTT will play a big role in that growth.
The Walt Disney Company posted fiscal third-quarter earnings marked by increases in revenues and net income despite declines at BAMTech and Hulu.