Mike Snider USA TODAY Published 5:00 PM EST Nov 7, 2018 Scratch the theory that cord cutting might be decelerating. Cable and satellite TV providers lost about 1.1 million subscribers during the July to September period, the largest quarterly loss ever – and the first time the industry lost more than 1 million subscribers in a quarter, according to media and telecommunications research firm MoffettNathanson. After Dish Network reported its third-quarter earnings Wednesday, the New York-headquartered research firm tallied up the publicly reported subscriber losses to arrive at the finding. Dish lost 341,000 subscribers in the third quarter, compared to adding 16,000 in the same period a year ago. Overall, Dish lost 367,000 satellite subscribers but added 26,000 Sling TV subscribers, the company said. Rich Greenfield, a media and technology analyst with financial services firm BTIG in New York, arrived at a similar conclusion and called it "the third-worst quarter … [Read more...] about Cord cutting accelerates: 1M customers dropped pay TV last quarter
Formel 1 pay tv
AT&T posted a surprise gain in wireless subscribers on Wednesday but quarterly profit rose less than expected, held back by its declining satellite TV business, sending its shares down more than 3 percent before the bell. The second-largest US wireless carrier has been reducing its dependency on the phone business with its $85 billion acquisition of Time Warner this year, but is struggling to grow in the TV market as viewers ditch satellite and cable for cheaper online packages. AT&T gained a net 69,000 US phone subscribers who pay a monthly bill, compared with analysts’ estimates of a net drop of 22,000 subscribers, according to research firm FactSet. Wall Street analysts watch the so-called “postpaid” subscriber figure because those customers pay a monthly bill and are more valuable to the company. AT&T lost more satellite TV customers than Wall Street expected, shedding a net 359,000 subscribers, as viewers continue to get rid of pricy TV packages in … [Read more...] about AT&T profit disappoints as pay-TV subs fall short
Photo: Creative Commons / Christian Reichl Die Formel 1 diskutiert offenbar die Einführung eines neuen Qualifikationssystems. Wie Autosport berichtet, könnte in der kommenden Saison ein zusätzlicher vierter Durchgang bei der Zeitenjagd eingeführt werden. Demnach sollen in den ersten drei Durchgängen jeweils vier Piloten ausscheiden, die restlichen acht "Ich denke, das ist eine ziemlich gute Idee, aber es ist nicht meine Entscheidung" … [Read more...] about Formel 1 plant offenbar Quali-Revolution
Consumers are increasingly saying goodbye to their cable and satellite-TV subscriptions and saying hello to their internet-based rivals. It's not only the desire to save money, but to avoid what many view as poor service from pay-TV operators. The cord-cutting trend has weighed down the share prices of some media companies, thanks to the loss of customers who typically pay upwards of $100 per month for pay-TV service. However, a cord-cutting consumer isn't necessarily ending their relationship with a pay-TV provider, because those same companies also provide broadband service. Here are six things to know about this trend. What is a cord cutter? 'The term is loosely defined as anyone who cancels service from their pay-TV provider. There are also "cord shavers," which are people who cut back on their pay TV services, and "cord nevers," or people who have never have had a pay-TV service. Where things get tricky is when a consumer drops the traditional pay-TV service in favor … [Read more...] about Cord-cutting: 6 things to know about dropping pay-TV
Comcast Corp.’s $40 billion bid for Europe’s Sky satellite-TV business is a steaming mess of pros and cons. The deal could make Comcast the world’s second-largest pay-TV operator, behind state-owned China Telecom Corp. Ltd. Sky would give Comcast a global platform for distributing NBCUniversal entertainment and for negotiating global sports rights deals for the NFL or soccer’s Premier League, analysts say. And Sky’s European streaming service could even become an alternative to Netflix, which boasts 117 million members in 190 countries. But Comcast could also be mired with Sky’s sluggish satellite-TV business and it might find Europeans unwilling to shell out big bucks for entertainment, analysts fear. “It’s not without risk,” said Ian Olgeirson, lead pay-TV analyst for Kagan research, part of S&P Global Market Intelligence. “There are “clouds hanging over some of this.” Despite a record of successful … [Read more...] about Comcast’s Sky bid: Strategic jab at Fox or grab for global pay-TV business?