Pay-TV Users Are Bailing Faster Than Ever, Clouding Media Stocks

[kevindavis007]

U.S. cable and satellite-TV providers suffered their worst first quarter of subscriber losses in history, raising fresh concerns that cord-cutting will accelerate and drag down media stocks.


Charter Communications Inc., Dish Network Corp., AT&T Inc.’s DirecTV and Verizon Communications Inc. combined to lose almost half a million video subscribers in the period, as more consumers spurned the cost and clutter of traditional pay-TV packages for cheaper online alternatives. Only Comcast Corp. added customers.


The results indicate that consumers may be growing more aware of on-demand streaming services like Netflix and Amazon and the increased depth their content offerings -- and that may be spurring more cord-cutting in 2017. Major pay-TV operators lost 1.4 million subscribers last year, according to Bloomberg Intelligence.


Read More: https://www.bloomberg.com/news/articles/2017-05-02/charter-posts-wider-loss-of-tv-customers-amid-merger-integration

[geronl]

Comcrap added customers??

That should make those other companies contemplate their navels.

[Wingnut]

Count me in those numbers. 

http://www.gopbriefingroom.com/index.php/topic,260585.0.html

[kevindavis007]

Count me in those numbers. 

http://www.gopbriefingroom.com/index.php/topic,260585.0.html

Same here.. I don't miss it.

[geronl]

I haven't watched much TV in years,  besides a few sports events

[kevindavis007]

I haven't watched much TV in years,  besides a few sports events

Speaking of that ESPN is losing people left and right.

[kevindavis007]

Well I started a Cordcutting thread..


http://www.gopbriefingroom.com/index.php/topic,261239.0.html

[Free Vulcan]

Got Netflix and Hulu right now. Might add others in the future. It costs me $13 a month.

The only downside is waiting for the next season of whatever I follow to come out. Of course Netflix and Hulu do their own series so that's not a universla rule.

Upside of waiting is you get the whole season at once, and I can watch it at whatever pace I desire.

[roamer_1]

Upside of waiting is you get the whole season at once, and I can watch it at whatever pace I desire.

Which, to be honest, is usually all at once, in a nonstop binge.
I have been holding off on the new season of 'Game of Thrones' because I am waiting for the season to finish. One of these days I will show up and it will all be there... And I will non-stop the thing, guaranteed.

See, they leave each episode with a cliffhanger, so you're sure to come back next week... but if you have the whole series in front of you... "Ah, I'll just watch one more to see how the dilemma turns out, and then I'll go to bed..." turns into 5:30AM