Kagan: Loss of Content Driving Decline in Multichannel Market
Customers are following content toward OTT services.
Customers are following content toward OTT services.
First quarter transactions this year are the highest quarterly total since Q2 2007.
Nexstar-Tribune, Gray-Raycom deals top list.
Multichannel sectors lost more than a million video subscribers in Q3 2018, according to researchers.
Cable, satellite continue to bleed subscribers, according to Kagan
The next five years are going to see a surge in households making the move to be broadband-only according to media research group Kagan.
Broadcast stations were active with merger and acquisitions throughout 2017, with S&P Global Market Intelligence’s Kagan research group reporting a total of $8.24 billion in mergers and acquisitions for radio and TV stations.
Despite taking place during the heart of baseball season, the third quarter of 2017 didn’t feature any home-run station acquisitions or mergers, as the $189.6 million in volume was the lowest quarterly volume for the year, per S&P Global’s Kagan media research group.