PR Newswire
MONTEREY, Calif., May 17, 2018
MONTEREY, Calif., May 17, 2018 /PRNewswire/ -- Traditional multichannel video losses in the first quarter (period ended March 31, 2018) showed modest improvement over the same period in 2017, but the magnitude of the decline remains elevated, according to the Q1 2018 U.S. Multichannel Subscriber Report by Kagan, a media research group within S&P Global Market Intelligence.
Combined cable, direct broadcast satellite (DBS) and telecom multichannel subscriptions fell 0.8% sequentially, to 93.2 million, including 90.3 million residential customers. However, noteworthy gains for virtual platforms DIRECTV NOW and Sling TV put the evolution of the sector in perspective; the quarterly subscription losses are cut in half when including DIRECTV NOW and Sling TV and raise the overall residential figure to 94.1 million.
Additional takeaways from Kagan's 1st-quarter U.S. Multichannel Subscriber report:
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View original content:http://www.prnewswire.com/news-releases/legacy-multichannel-subscriptions-remain-under-pressure-sp-report-finds-300650582.html
SOURCE S&P Global Market Intelligence
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