MoffettNathanson estimates that US pay-TV lost a total of about 900,000 subs in Q3 2023 – a worst-ever third quarter for the industry. That poor result left US pay-TV shrinking at a record pace of 7.3%.
US pay-TV subscriber base eroding at record pace::undefined
That’s the main issue here. There used to be a law that studios were not allowed to own movie theaters and so they had to open their movies to be purchased or leased by other distributors. Now, that law is gone and this is why we’re screwed.
That’s the main issue here. There used to be a law that studios were not allowed to own movie theaters and so they had to open their movies to be purchased or leased by other distributors. Now, that law is gone and this is why we’re screwed.