Pay-TV service revenue in the country is set to decline over the forecast period in line with the continued losses in Cable-TV and DTH subscriptions because of the cord-cutting trend in the country and the growing popularity of OTT video alternatives such as Netflix and Stan.
The top pay-TV providers now account for 72.2 million subscribers, with the top seven cable companies having about 39.5 million video subscribers and other traditional pay-TV services having about 25.5 million subscribers.
NBCUniversal profits grew in the second quarter despite larger losses at direct-to-consumer streaming service Peacock. The platform lost $467 million in the quarter, more than the $363 million it last a year ago.
The new number makes YouTube TV the most significant internet pay-TV provider and the fifth-largest TV distributor of any kind in the U.S., behind Comcast, Charter, DirecTV, and Dish Network.
Germany’s pay-TV market declined for a second consecutive year in 2021, with subscriptions down by 459.855, its worst rate of decline to date. Omdia revealed that the country’s main telcos have different approaches for a new business era.