- Nov 29, 2003
- 16,130
- 20,787
By the way, found this-The only notable subscription-TV services to add subscribers in the first quarter of 2020 were Hulu + Live TV — which picked up about 100,000 to stand at 3.2 million — and Google’s YouTube, which netted approximately 300,000 to reach 2.3 million per Moffett’s estimate.
So the good news is YTTV gained 300,000 this quarter, the wacky news is only 400,000 went to a live TV streaming service, while 1.8 million total left Traditional Service ( plus a few hundred thousand left Sling and NOW).
That means a vast majority is only using Netflix and the likes, next quarter will be brutal for Traditional Providers, my guess is Satellite Providers will have major losses because of the bundling option that cable has.
So the good news is YTTV gained 300,000 this quarter, the wacky news is only 400,000 went to a live TV streaming service, while 1.8 million total left Traditional Service ( plus a few hundred thousand left Sling and NOW).
That means a vast majority is only using Netflix and the likes, next quarter will be brutal for Traditional Providers, my guess is Satellite Providers will have major losses because of the bundling option that cable has.
AT&T Misses Q1 Revenue Target, Citing COVID-19 and Declines at WarnerMedia and Pay-TV Unit
AT&T missed Q1 2020 revenue and earnings estimates, blaming the coronavirus crisis and declines at WarnerMedia and its pay-TV biz.
variety.com