Analyst: ‘Wheels falling off satellite TV’
Reacting to AT&T’s Stock Market guidance that it expects to lose 390K traditional video subscribers, netted against a gain of 300K OTT subscribers, Craig Moffett, Partner and Senior Analyst at research firm MoffettNathanson has suggested that, in addition to general cord-cutting pressures, satellite TV is particularly affected. AT&T’s 8-K filing states: “The video net losses […]