U.S. Pay-TV Providers Lost Nearly 1.5M Video Subscribers In 2017, Double The 2016 Drop: Survey

Read on: Deadline

The impact of cord-shaving and cord-cutting is continuing to be felt by pay-TV providers, who lost about 1,495,000 net video subscribers in 2017, according to an annual survey by Leichtman Research Group. Those losses are nearly double to pro forma level of 760,000 in 2016. Helping counter some of the drops has been the rise of so-called “skinny bundles” — Internet-delivered services such as Sling and DirecTV Now. Subscriptions to the ones that publicly report numbers…