Cord cutting is getting ‘freaking ugly,’ analyst says

The three providers reported an aggregate of more than 1.2 million video subscriber losses, which lead MoffettNathanson to estimate the cord-cutting rate would reach 5.5% during the second quarter. That would be the worst it’s ever been, and the firm expects the trend will continue to accelerate during the second half of 2019. Although, when accounting for virtual MVPD subscriber growth, the rate slows to 2.7%.- Ben Munson, FierceVideo » https://ift.tt/2YyC5du