Poorly-performing economies have hit the Latin American pay-TV market hard with the number of pay-TV subscribers falling by 4 million in the last two years says.
Cable and Dish Keep Dying: Providers Lost Over 5 Million Subscribers in 2020
On the satellite side, the losses continued, as DirecTV lost over 3 million subscribers and Dish Network lost 408,000.
Leitchman Research Group has released its report on how many subscribers pay-TV providers lost in the year 2020, and it was a high number- although not that much higher than in 2019.
According to the totals, which were assembled from the public earnings reports released by the companies, the largest pay-TV providers in the U.S. lost about 5,120,000 subscribers in 2020, after they lost 4,795,000 in 2019.
The numbers applied to around 95 percent of the overall TV market. At the same time, Leitchman said earlier in the week, the major companies gained about 5 million broadband subscribers.
| 03 March 2021
Leading European media firm RTL Group has announced that its largest business unit, Mediengruppe RTL Deutschland, has signed a binding agreement with its current joint venture partner, Walt Disney Company-owned BVI Television Investments, to acquire the outstanding 50% shareholding in entertainment company Super RTL.
Super RTL was founded in 1995 as a 50/50 joint venture between RTL Group and The Walt Disney Company. With its umbrella brands, Toggo and Toggolino, it has developed into a digital entertainment company, distributing its content via linear TV channels, the RTL streaming service TV Now, digital radio and a variety of apps and websites. In addition, Super RTL operates a growing merchandising business.
| 02 March 2021
A continued decline in cable TV subscriptions and a fall in the average spend per pay-TV account in the region will lead to pay-TV service revenues in Asia-Pacific dropping from US$61.6bn in 2020 to US$60.8 bn in 2025 due to slowdown in pay-TV household penetration, according to research from GlobalData.
Moreover, says the Asia-Pacific Pay-TV Forecast Pack report, as users swap their traditional pay-TV subscriptions with over-the-top (OTT) video alternatives, pay-TV subscriptions will slow down or decline in some of the most advanced markets in the region such as Hong Kong, Singapore, Australia and Vietnam over the forecast period.
Assessing the outlook for the leading platforms, the study suggested that cable TV, which is currently the leading pay-TV platform in the region, by subscriptions, will see its share in the total pay-TV subscriptions decline over the forecast period. While the share of direct-to-home (DTH) services will witness marginal grow