Traditional pay television subscribers are in freefall—the rate of subscribers canceling their service accelerated by more than 70% last year.
In the fourth quarter, two million US subscribers cut the cord on traditional television packages from AT&T, Comcast, Charter, and Verizon, up from 1.7 million in the third quarter.
For the third time in less than four years, CBS Corp. is yet again planning to merge with Viacom.
AT&T finally won its two-year anti-trust litigation against the United States Justice Department to acquire Time Warner.
Television advertising sales in the U.S fell 8% to $61 billion in 2017 – the biggest slump in 20 years. Sales at cable networks dropped for the first time in a decade.
Distributors push back against content providers as price increases and growing content commitments eat into profitability.
Comcast drops its bid to acquire Twenty-First Century Fox. Disney will likely purchase Fox’s film and television assets before 2017 is over.
After decades of stifling innovation and blocking new content delivery models, cable companies are paying a hefty price that shows no sign of stopping.
After a decade of digital partnerships, studios and distributors are moving towards a wholly-owned strategy.
With increased competition from Netflix and Amazon, Canal+ lost a half of million subscribers in France during 2016.