Pay-TV Revenue to Drop $10B by 2024
Cord cutting trends will result in pay-TV revenue falling to $84 billion in the next five years, per GlobalData.
Cord cutting trends will result in pay-TV revenue falling to $84 billion in the next five years, per GlobalData.
Constantly escalating costs and alternative viewing methods driving potential cord cutters.
GlobalData report pinpoints cord-cutting trends in North America as key factor.
Increased broadband consumption is a key indicator.
Households with pay-TV projected to drop to 86.5 million in 2019.
Customers projected to leave traditional providers at an all-time high rate.
As mobile viewing rises, subscribers are more likely to leave traditional services if needs aren’t met.
Cord-cutting, OTT advances contributing to traditional TV’s first projected decline.
Largest pay-TV providers lost about 1.325 million subscribers in Q1 2019.
More than a million cut the cord, but that may not be the most impactful result.
Internet delivered services, meanwhile, added about 640,000 subscribers.
Bundling OTT and broadcast to grow 56 percent by 2024; just OTT to increase 17 percent.
The number of U.S. TV viewers who have cut the pay-TV cord is expected to reach 33 million this year
The latest from three separate research organizations reveals traditional pay-TV is in decline
Consumers are still cutting the cord in large numbers according to a recent report from eMarketer.
The cord-cutting trend won’t be slowing down any time soon according new predictions from Barcalys analyst Kannan Venkateshwar.
The threat of cord cutting has been a cloud over pay-TV providers for a while now, but according to a recent report by The Diffusion Group, the last two years have been a potential turning point.
Cable’s death may have been somewhat exaggerated, according to a new report from PricewaterhouseCoopers.