DURHAM, N.H.—Pay-TV keeps taking hits in subscribers, with Leichtman Research Group finding in its latest quarterly report that about 1.53 million people dropped their pay-TV subscriptions during the second quarter of 2019. This is the fourth consecutive quarter of decline, per Leichtman, and more than a million of subscribers cutting their service from the same time period in 2018 (420,000).

Consisting of the top 14 pay-TV services in the U.S. making up about 93% of the market, which includes satellite, cable, phone and vMVPDs. Satellite companies lost about 855,000 subscribers during Q2, with DirecTV accounting for 778,000 alone in its fifth straight quarter of net losses; Dish’s losses of 79,000 resulted in its best quarter since Q2 2014.

Cable, meanwhile, had its worst quarter since Q2 2014, experiencing a net loss among the top seven companies of 455,000. Comcast took the biggest hit, but is still the top cable provider by a wide margin.

The top telephone providers lost about 100,000 video subscribers—more than double its Q2 2018 numbers—and vMVPD services even suffered a loss of 120,000 subscribers; they experienced a net add of 385,000 in Q2 2018.

In the past year, the top pay-TV providers have lost about 5,015,000 subscribers; the year prior saw a loss of 1,060,000 subscribers.

“This marked the fourth consecutive quarter of record pay-TV industry net losses,” said Bruce Leichtman, president and principal analyst for LRG. “With an increased focus on acquiring and retaining profitable subscribers, DBS services accounted for more than half of the net pay-TV losses in 2Q 2019, and 63% of the losses over the past year.”

For more information, visit leichtmanresearch.com.

LOS GATOS, Calif.—Roku is reaping the benefits of the streaming revolution with major increases in its number of subscribers and total revenue, as made clear by the company’s earnings report for the second quarter of 2019. Among the milestones that Roku hit in this most recent quarter was surpassing 30 million active accounts and exceeding expectations for platform and player revenue, which totaled more than $250 million.

Overall, the total net revenue for the Roku hit $250.1 million in Q2, a 59% year-over-year increase, with platform revenue jumping from $90.3 million a year ago to $167.7 million (86% year-over-year). The gross profit for the most recent quarter came in at $114.2 million, a 47% year-over-year growth.

Roku says that the increase in revenue was primarily driven by its growth in advertising, specifically the company’s monetizing of video ad impressions. Increases in the estimated value of content distribution agreements also helped drive revenue growth.

As a result of the exceeded revenue marks, Roku has raised its entire 2019 outlook to a total net revenue between $1.075-$1.095 billion and a gross profit between $480-$490 million.

Beyond its boom in revenue, reports and also finding that Roku is continuing to grow as a leader of streaming devices. A recent report from Strategy Analytics found that the Roku operating system powers 41 million OTT devices and smart TVs in the U.S., 36% more than the next closest competitor (Sony PlayStation).

More information on Roku’s Q2 results are available here.