Report: Major pay-TV providers lost 2M+ subscribers in Q1

May 18, 2020
Leichtman Research Group, Inc. (LRG) reports that the quarter's pay-TV net losses were more than in any previous quarter.

Recent industry analysis from Leichtman Research Group, Inc. (LRG) found that the largest pay-TV providers in the U.S., representing about 95% of the market, lost about 2,065,000 net video subscribers in 1Q 2020, compared to a pro forma net loss of about 1,025,000 subscribers in 1Q 2019.

According to the analyst, the top pay-TV providers account for 83.9 million subscribers – with the top seven cable companies having 45.2 million video subscribers, satellite TV services 24.1 million subscribers, the top telephone companies 8.2 million subscribers, and the top publicly reporting Internet-delivered (vMVPD) pay-TV services 6.4 million subscribers.

LRG's key research findings for the quarter include:

  • Satellite TV services lost about 1,030,000 subscribers in 1Q 2020 – compared to a loss of about 810,000 subscribers in 1Q 2019.
  • The top seven cable companies lost about 595,000 video subscribers in 1Q 2020 – compared to a loss of about 335,000 subscribers in 1Q 2019.
  • The top telephone companies lost about 125,000 video subscribers in 1Q 2020 – compared to a loss of about 105,000 subscribers in 1Q 2019.
  • The top publicly reporting Internet-delivered (vMVPD) services (Hulu + Live TV, Sling TV, and AT&T TV NOW) lost about 320,000 subscribers in 1Q 2020 – compared to about 225,000 net adds in 1Q 2019.

“Pay-TV net losses of over 2 million subscribers in 1Q 2020 were more than in any previous quarter,” said Bruce Leichtman, president and principal analyst for Leichtman Research Group, Inc. “The record net losses were partly related to the impact of the coronavirus, but do not solely reflect consumers’ dropping services. Several providers cited a decrease in connects as a key component of net losses in the quarter, rather than an increase in disconnects.”

View LRG's full news statement with a chart of providers' info for the quarter.

About the Author

BTR Staff

Editorial Director and Associate Publisher
[email protected]
Senior Editor
[email protected]
Business Solutions Manager
(312) 350-0452
[email protected]
Business Solutions Manager
(516) 695-3899
[email protected]

Sponsored Recommendations

Data Center Interconnection

June 18, 2024
Join us for an interactive discussion on the growing data center interconnection market. Learn about the role of coherent pluggable optics, new connectivity technologies, and ...

The Journey to 1.6 Terabit Ethernet

May 24, 2024
Embark on a journey into the future of connectivity as the leaders of the IEEE P802.3dj Task Force unveil the groundbreaking strides towards 1.6 Terabit Ethernet, revolutionizing...

The Pluggable Transceiver Revolution

May 30, 2024
Discover the revolution of pluggable transceivers in our upcoming webinar, where we delve into the advancements propelling 400G and 800G coherent optics. Learn how these innovations...

From 100G to 1.6T: Navigating Timing in the New Era of High-Speed Optical Networks

Feb. 19, 2024
Discover the dynamic landscape of hyperscale data centers as they embrace accelerated AI/ML growth, propelling a transition from 100G to 400G and even 800G optical connectivity...