Cord-cutting

Large numbers (57%) plan to cut pay TV and subscription video services with the average person is looking to cut 3 of their 5 existing video services, the Tubi survey found

Net income for the latest quarter dropped 26%

Company cites increase in cord-cutting, rising operational costs

By 2027 connected TV advertising will make up nearly one third of all U.S. TV advertising according to GroupM

Pay TV penetration is now down to levels not seen since 1993 according to MoffettNathanson

vMVPD providers gained customers while the largest cable operators lost nearly 1 million subs according to the Leichtman Research Group

Findings from the latest Leichtman Research Group also show that one third of respondents, many of them younger, have never had a pay TV subscription

In Q2 2022, Dish lost 202K satellite subs and Sling TV dropped 55K subs

Total customers relationships were up by 166K but Peacock premium streaming subs stalled at 13M and loses hit $467M

Homes with a live pay TV service is down from 82% of TV homes in 2016, according Leichtman Research