Collectively, US Pay TV providers lost 400,000 subscribers in the second quarter – their single worst period in over three years. Cable TV took the brunt of the hit, though Satellite operators were not left unscathed. While much of the subscriber loss can be attributed to traditional economic churners – “deal seekers” looking for a cheaper price – the percentage of those who say they’re giving up on Pay TV altogether is not abating.
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Google is reportedly investing $500 million into YouTube in a bid to transform the online video site into an alternative broadcaster, according to Strategy Eye.
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A new Knowledge Networks report has shown a growth of over 30% in over the top (OTT) viewing in the last twelve months.
According to reports in Broadcast magazine, BT and TalkTalk are intending to sell the internet-connected TV service YouView for less than £100.