An interesting article appeared in Next TV titled “Cord-Cutting Quickens in Q2 for Comcast, Charter, and Verizon, But Where Are All of Those Customers Going?” Written by Daniel Frankel, Managing Editor of Next TV, the article lays out the issue with traditional cable and satellite services as well as streaming services. Mr. Frankel noted:
“Things are tough all over in the technology-media-telecom sector—not only are big streaming companies like Netflix and Roku experiencing suddenly stalled growth and chilly investor relations, a retreat back to the comforts of linear distribution looks like a nonstarter.
Three of the five largest traditional bundlers of pay TV channels in America delivered second-quarter earnings reports this week, and each revealed marked increases in the number of customers ditching linear video service.”
With chord cutting moving forward on traditional pay TV services and streaming services stalled, the fundamental question becomes: Where are viewers going?
The complete article in Next TV can be found here.
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