MoffettNathanson estimates that US pay-TV lost a total of about 900,000 subs in Q3 2023 – a worst-ever third quarter for the industry. That poor result left US pay-TV shrinking at a record pace of 7.3%.

US pay-TV subscriber base eroding at record pace::undefined

  • figjam@midwest.socialEnglish
    13·
    10 months ago

    On a lark I hooked up an antenna to see what was on broadcast TV. There were like 5 pbs channels and a dedicated weather channel. For being free it was pretty good.

    • Lesrid@lemm.eeEnglish
      12·
      10 months ago

      PBS is actually better than ever and I prefer it over most of what gets shoved in my face on my PC.

  • WashedOver@lemmy.caEnglish
    4·
    10 months ago

    Coming up to 16 years since I cut the cord and hardly anyone I know that is younger has cable. It’s internet and then streaming.

    My father when he passed in 2013 was paying $160/mth for old HD cable for his old 35" RCA tube set before I bought him a LCD TV that required a upgrade to modern HD channels. He didn’t have internet with that either. So while they were scamming him for this old 480p HD packages he wasn’t alone I’m sure.

    I will say at new year’s I was at someone’s place that only had internet and for the group of us he brought out a HD Amazon antenna to watch the ball drop at midnight on local broadcast TV.

    The amount of commercials was jarring. I’m not looking forward to when they bring those to streaming services that are currently hemorrhaging billions.

  • GiddyGap@lemm.eeEnglish
    2·
    10 months ago

    I feel like I’ve read this exact headline 20 times over the past couple of years.

  • LWD@lemm.eeEnglish
    2·
    10 months ago

    At this point, we might be getting to the place where paid TV plus DVR would cost people less than the streaming services that tried to replace it.

    • spyd3r@sh.itjust.worksEnglish
      3·
      10 months ago

      Its currently cheaper for me to collect used laserdiscs, dvds, and blurays.

      People are dumping physical media, and its a firesale. For most discs its $1-5 if you know where to look.

  • jet@hackertalks.comEnglish
    1·
    10 months ago

    Why is cable TV service, and TV streaming different? Can’t the cable service providers just be streaming TV providers? And compete globally?

    • erwan@lemmy.mlEnglish
      1·
      10 months ago

      Because content owners don’t need cable providers to stream over the internet.

      HBO doesn’t need Comcast for streaming, they can (and do) stream themselves with HBO Go.