According to the Leichtman Research Group, the thirteen largest pay-TV providers in the US – representing about 95 per cent of the market – added about 10,000 net video subscribers in Q1 2016, compared to a gain of about 170,000 subscribers in Q1 2015.
The top pay-TV providers account for 94.2 million subscribers – with the top nine cable companies having 49.1 million video subscribers, satellite TV companies having 34 million subscribers (including about 665,000 from DISH’s Internet-delivered Sling TV), and the top telephone companies having 11.1 million subscribers.
Other key findings for the quarter include:
“While DirecTV and top cable providers had a comparatively strong quarter in Q1 2016, their gains were largely offset by a historically weak quarter for AT&T U-verse,” said Bruce Leichtman, president and principal analyst for Leichtman Research Group. “Overall, the traditionally strong first quarter for the pay-TV industry was tepid this year. Despite slight gains in the quarter, net adds in Q1 2016 were down by about 160,000 from a year ago.”