Tag Archives: pay tv

Comcast to Pay Millions After Judge Finds It Illegally Screwed Over Customers 445,000 Times

Comcast’s Service Protection Plan cost $6 a month (it was $5 a month until just before Ferguson filed his lawsuit) and effectively covered the expense of a technician showing up to your home to inform you that something is wrong. That’s… pretty much all it covered, due to a bunch of caveats detailed in the program’s fine print. It was a monthly cost that basically got you nothing, and yet Comcast added it on to 30,946 Washingtonians’ accounts without informing them, according to state authorities, who said it didn’t provide 18,660 Washingtonians with accurate information on how much the program costs. – Melanie Ehrenkranz, Gizmodo » http://bit.ly/2WUFc2q
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Pay-TV revenues to fall to 2010 levels

Eight of the top 10 countries will lose revenues between 2018 and 2024. The US will fall by $21 billion – or down by 22%. US pay-TV revenues peaked in 2015, at $106 billion, but its total will drop to $76 billion in 2024. The US is not the only loser, the UK will fall by nearly $1 billion between 2018 and 2024 – or down by 14%. – Broadband TV News » http://bit.ly/2HYtXxu

Top US TV providers lose a record 1.3MN subscribers in Q1

AT&T had a net loss of about 625,000 subscribers across its three pay-TV services (DIRECTV (satellite), AT&T U-verse (IPTV) and DIRECTV NOW (vMVPD) in 1Q 2019 – compared to a net gain of about 125,000 subscribers in 1Q 2018. The leading pay-TV provider in the US, this meant that AT&T accounted for 47% of the net losses in the quarter. – Michelle Clancy, Rapid TV News » http://bit.ly/2Q7v3cN

Skinny bundles fail to dent OTT giants

Based on 66 OTT providers, led by Netflix, Hulu, Amazon, the survey estimates US OTT access revenue grew 37% to $16.3 billion in 2018. The research noted that fundamentally traditional TV access subscriptions continue to decline and that as subscribers pay higher prices due to ongoing programmer price increases while traditional TV advertising revenue plateaus. Indeed the analyst projects that 2020 revenue for the latter will beon par with 2016. – Joseph O’Halloran, Rapid TV News » http://bit.ly/2XAEGmP
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