New virtual multichannel video program distributors continue to slow -- but not reverse -- declining U.S. pay TV subscribers, according to an analysis of Nielsen data.
Without this new
business, Nielsen data for its January 2018 estimate for traditional pay TV services -- cable, satellite, and telco -- is at a 2.8% decline in subscribers from a year ago.
Pivotal says those
2.1 million vMVPD subscribers are up from the previous 1.8 million monthly estimate.
Taking out business from new digital services, Brian Wieser, senior research analyst for Pivotal,
says: “Median cable network household penetration fell 3.3% year-over-year, part of a worsening trend likely impacted by rising availability of vMVPD services.”
He says some of the
biggest cable TV network groups -- those with more than a dozen or so networks -- haven’t added back new vMVPD subscribers.
“NBCU, Viacom and Discovery have significantly lower
median incremental network penetration — 900,000, 600,000 and 500,000, respectively — illustrating the impact of skinny bundling.”
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In August 2017, Nielsen said there was
119.6 million U.S. TV homes for the 2017-2018 TV season, with the 96.5% percentage of total U.S. homes with TVs receiving traditional TV signals via broadcast, cable, satellite telco or a
broadband Internet provider connected to a TV set currently.
Other industry estimates: There are 98.7 million traditional pay TV subscribers in 2017.