Streaming video has been the key driver in the explosion of bandwidth use over the past several years. And that trend shows no signs of reversing anytime soon.
In this article at Light Reading they report on some findings from a recent report by MoffettNathanson showing that the US pay-TV industry lost about 900,000 subscribers in the third quarter of 2023. That's the biggest drop in a single third quarter since records have been kept.
Overall, just 54.8% of households have a linear pay-TV package. That includes traditional cable and multi-channel streaming "cable replacements" such as YouTube TV, DIRECTV Stream, Fubo TV, and others. YouTube TV does continue to thrive.
"Based on our Q3 estimate, YouTube TV has now surpassed Dish Network [6.72 million satellite TV subs at the end of Q3] to become the country's fourth largest MVPD of any kind," Moffett noted. "At the current trajectory, YouTube TV should pass DirecTV for third place in less than a year."
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