Cord Cutting Accelerates During the Pandemic

A Moffett Nathanson study that was reported in Next TV showed that cord cutting has increased recently.  Overall subscriptions have declined by 7.6 percent.  Satellite TV had a significant drop of 14.3% and cable declined 4%.   The study also noted that streaming services declined:

But Moffett noted that even more depressing than the drop in traditional pay-TV subs was a surprising decline in subscribers to streaming virtual MVPDs like AT&T Now and Sling TV. Moffett said vMVPDs lost 341,000 subscribers in the first quarter”

To see the article in Next TV click HERE.

 

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