This will have far-reaching consequences for the industry
decade one American industry has lost 5% of its customers, suffered a 20% drop in consumption, but still managed to increase sales by 30%. Pay-, for that is the miraculous sector in question, achieved this by charging customers 50% more for the same old services. Until recently it remained a lucrative formula for most owners of distribution networks, like cable companies, and the media firms that supply them with programmes.
Now this cushy business is showing unprecedented signs of strain. In the first quarter of this year American satellite, cable and telecommunications companies lost 1.4mpackages costing as much as $100 a month.Money for something MoffettNathanson, a research firm, estimates that the drop was less severe—about 860,000 households—when counting “skinnier” pay-services sold over the internet. These include things like Hulu Live, backed by Disney and Comcast, and were introduced below cost. These boosted the overall number of pay-The first hints of losing customers to Netflix a few years ago drove a wave of consolidation, including’s purchase of Time Warner and Disney’s acquisition of much of Fox.
About 96m households still have a cord in place . That is 5m fewer than in 2011, despite the fact that the total number of American households has grown by 10m this decade. “There’s every reason to believe that things will only get worse,” observes Craig Moffett of MoffettNathanson.and Dish Network, lost 1.7m of their 30m combined customers in the past two quarters.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Why American families are struggling to pay for child careRaising a kid in America is expensive. The cost of child care has nearly tripled since 1990, more than the overall rate of inflation. Watch the video to learn the history of child care in America and how rising costs are impacting families today.
Lire la suite »
The smartphone market is in decline, and nothing is coming to save itThe smartphone market is showing signs of stagnation, as Apple, Samsung, and Google all report that it's harder to sell a premium phone than it used to be. Now what?
Lire la suite »
Semenya's future in doubt after she declines meds to lower testosteroneThe 28-year-old South African won her last 800 metre race on Friday before the introduction of the rules by the IAAF come into effect on May 8.
Lire la suite »
Gold declines as Trump’s China tariff threat rattles markets, lifts the yenGold prices move lower on Monday, with the precious metal failing to garner support even as investors back away from equities and oil on fears U.S. trade...
Lire la suite »
Stocks Extend Decline as Trade Tensions Buffet MarketsU.S. stock declines deepened, with the Dow falling more than 500 points, as investors reacted to a growing likelihood that the White House will follow through on threats to enact tariffs on Chinese goods.
Lire la suite »
Wall Street extends decline as China trade worries mountU.S. stocks tumbled more than 2 percent on Tuesday as escalating trade tensions ...
Lire la suite »
Dow Extends Decline to More Than 600 Points as Trade Tensions Buffet MarketsU.S. stock declines deepened, with the Dow falling more than 600 points, as investors reacted to a growing likelihood that the White House will follow through on threats to enact tariffs on Chinese goods.
Lire la suite »
Dow drops 470 points on growing trade-war threat, biggest decline since early JanuaryThe Dow closed down about 470 points for its worst day since January 3 on the growing threat of a trade war. It plunged as much as 648 points at its low of the day. All 30 Dow components and all 11 S&P 500 sectors closed in the red.
Lire la suite »
US futures point to Friday declines as increased tariffs on Chinese goods kick inShares on Wall Street were poised to see losses at Friday's stateside open, as tariffs on Chinese goods were increased shortly after the stroke of midnight ET.
Lire la suite »
Thailand's Richest 2019: Half Of Nation's Wealthiest See Fortunes Decline This YearAfter enjoying a surge in their wealth a year ago, Thailand’s richest hit a speed bump in 2019, where half of the nation’s richest saw their fortunes decline, including each of the top four.
Lire la suite »