The thirteen largest multichannel video programming distributors lost...
The thirteen largest multichannel video programming distributors lost 345,000 subscribers in Q2 2013, a number similar to the second quarter losses of 325,000 subscribers reported in 2012 and 2011, said Leichtman Research Group (LRG) in a release Monday (http://bit.ly/1dmQyNN). The…
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second quarter is “traditionally weak” but 2013’s losses are on par with the same period in previous years, said LRG CEO Bruce Leichtman in the release. DBS providers lost 162,000 subscribers in Q2 2013, compared to 62,000 over the same period last year. “Total DBS net losses in 2Q 2013 were the highest in any quarter since LRG began tracking the industry over a decade ago,” said the release. The nine largest cable providers lost close to 555,000 video subscribers in Q2, compared to around 540,000 subscribers lost during the same period last year, LRG said. The biggest telephone providers added 373,000 video subscribers in Q2, up from 275,000 net additions during the same period in 2012. The largest MVPDs have nearly 94.6 million subscribers, LRG said. The top nine cable companies have close to 50.5 million video subscribers, DBS providers have more than 34 million subscribers, and telephone companies have more than 10 million video subscribers, said the release. “The multi-channel video industry has leveled-off, with major providers losing about 0.1% of all subscribers over the past year,” said Leichtman.