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
Because content owners don’t need cable providers to stream over the internet.
HBO doesn’t need Comcast for streaming, they can (and do) stream themselves with HBO Go.