Traditional pay television subscribers are in freefall—the rate of subscribers canceling their service accelerated by more than 70% last year.
Sony Pictures is shutting down its PlayStation Vue streaming television service in the first quarter of 2020. Rising content costs and a plethora of choices have made the service untenable.
Online-only television packages are getting pricier to the point that they’re approaching the same fees paid for traditional cable.
In Q4 2016, 77% of respondents would only like to pay for the channels they watch, up 3% y-o-y. Pricing expectations are in contrast to what they are paying.