Pay TV Sees Largest Quarterly Loss of 1 Million Customers
By Mike Snider | November 9, 2018
Dish lost 341,000 subscribers in the third quarter. Photo: Joe Raedle, Getty Images
A report in USA Today, cable and satellite TV providers lost about 1.1 million subscribers during the July to September period, the largest quarterly loss ever. It is also the first time the industry lost more than 1 million subscribers in a quarter, according to media and telecommunications research firm MoffettNathanson.
After Dish Network reported its third-quarter earnings Wednesday, the New York-headquartered research firm tallied up the publicly reported subscriber losses to arrive at the finding.