Analyst: The Cord-Cutting Future Has Arrived
With most results now in, the U.S. pay TV industry lost about 762,000 video subs in the first quarter of 2017, a worst-ever result for the period, according to a new report from MoffettNathanson. “For the better part of fifteen years, pundits have predicted that cord-cutting was the future. Well, the future has arrived,” MoffetNathanson’s Craig Moffett declared in his Q1 2017 Cord-Cutting Monitor. He noted that video losses from Q1 was more than five times as large as last year’s loss of 141,000.
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