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Author Topic: Pay TV Takes Worst-Ever Cord-Cutting Hit in Q1 2019  (Read 1322 times)
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« on: May 13, 2019, 08:49:39 PM »

Pay TV Takes Worst-Ever Cord-Cutting Hit in Q1 2019
More than a million cut the cord, but that may not be the most impactful result.

Michael Balderston
May 7, 2019

NEW YORK—Media and telecom researcher MoffettNathanson is suggesting that it could be time for traditional pay TV services to grab a lifejacket, as the first quarter of 2019 brought about the largest number of cord-cutters yet.

The combined losses from cable, satellite and Telco TV equaled 1.4 million subscribers, 75% worse than over the same period in 2018. It was also the largest rate of decline in terms of percentages at -4.8%.

However, despite hitting a new low, MoffettNathanson’s researchers make the argument that that is not the key takeaway. While the number of people cutting the cord is increasing, those signing up for virtual multichannel video programming ........

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