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The US multichannel segment produced a drop in third quarter video customers that was slightly worse year-over-year (YOY), according to analyst firm SNL Kagan.
SNL Kagan estimates the combined cable, Direct-broadcast-satellite (DBS) and telco sectors lost 430,000 video customers during the period. DBS ended in positive territory, but telco again weighed heavily on the multichannel universe. Meanwhile, the cable sector continues to show progress in mitigating losses.
For the space, the third-quarter decline brings the year-to-date drop to 1.3 million: the largest ever through the first nine months of the year.
Additional highlights from SNL Kagan’s 3rd-quarter U.S. Multichannel Subscriber report: