Geek News Central Podcast

Unprecedented Cord-Cutting Surge in Q1 2023 Sends US Pay-TV Subscriptions Plunging to 1992 Lows #1669


Listen Later

With a floundering economy In the first quarter of 2023, the U.S. pay-TV industry suffered its steepest subscriber losses yet, losing a total of 2.3 million customers across cable, satellite, and internet TV services due to the rising popularity of streaming video. According to senior analyst Craig Moffett, the penetration of pay-TV into U.S. households has declined to 58.5%, its lowest level since 1992, and the total number of U.S. pay-TV subscribers has fallen to 75.5 million, down nearly 7% year over year. The rate of decline was particularly notable for cable TV operators (-9.9% YoY) and satellite providers DirecTV and Dish Network (-13.4% YoY). Despite these losses, Google’s YouTube TV managed to gain an estimated 300,000 subscribers in Q1. The sharp rise in sports-broadcast fees is causing a vicious cycle of higher retail prices, prompting more cord-cutting, and forcing distributors to further raise prices. Even ESPN, a key player in the traditional ecosystem, is considering transitioning to direct-to-consumer or streaming platforms, recognizing the trend as inevitable. Summary of article from Variety. I cover this and more Audio only for a few episodes folks.
Subscribe to the Newsletter.
Join the Chat @ GeekNews.Chat
Email Todd or follow him on Facebook.
Like and Follow Geek News Central Facebook Page.
Geek Central Discord Channel
Download the Audio Show File

Show Notes:

* –The 7 most common iPhone display issues 
* –5 job search sites to find jobs
* –Pixel owners report overheating and battery drain
* –Ignore this bad financial advice
* Computer vision to be used to detect phishing attacks?
* –How to hardwire your home without ethernet
* –Saturn wins “Game of Moons”
* –An asteroid the size of Big Ben
* –Online age verification is coming
* –Congress called Huawei a national security risk
*
...more
View all episodesView all episodes
Download on the App Store

Geek News Central PodcastBy Todd Cochrane

  • 4.2
  • 4.2
  • 4.2
  • 4.2
  • 4.2

4.2

139 ratings


More shows like Geek News Central Podcast

View all
This Week in Tech (Audio) by TWiT

This Week in Tech (Audio)

3,051 Listeners

Mike Tech Show Podcast by

Mike Tech Show Podcast

55 Listeners

Mac Geek Gab — Apple Tips, Tricks, and Troubleshooting by Dave Hamilton, Pilot Pete & Adam Christianson

Mac Geek Gab — Apple Tips, Tricks, and Troubleshooting

829 Listeners

Security Now (Audio) by TWiT

Security Now (Audio)

1,999 Listeners

Mike Tech Show Podcast by

Mike Tech Show Podcast

32 Listeners

Mac OS Ken by Ken Ray

Mac OS Ken

898 Listeners

MacBreak Weekly (Audio) by TWiT

MacBreak Weekly (Audio)

2,013 Listeners

Windows Weekly (Audio) by TWiT

Windows Weekly (Audio)

880 Listeners

Software Process and Measurement Cast by Thomas M. Cagley Jr

Software Process and Measurement Cast

18 Listeners

SCL: The Subject, Composition and Light Photography Podcast by www.robnunnphoto.com

SCL: The Subject, Composition and Light Photography Podcast

12 Listeners

DHUnplugged Podcast by Horowitz and Dvorak

DHUnplugged Podcast

426 Listeners

Geek News Central Podcast (Video) by Todd Cochrane

Geek News Central Podcast (Video)

15 Listeners

iOS Today (Audio) by TWiT

iOS Today (Audio)

555 Listeners

New Media Show (Video) by Todd Cochrane & Rob Greenlee

New Media Show (Video)

17 Listeners

New Media Show (Audio) by Todd Cochrane & Rob Greenlee

New Media Show (Audio)

26 Listeners

Podcast Insider by Todd Cochrane, Mike Dell & MacKenzie Bennett

Podcast Insider

19 Listeners

The Gadget Professor (Video) by Don Baine

The Gadget Professor (Video)

10 Listeners

Accidental Tech Podcast by Marco Arment, Casey Liss, John Siracusa

Accidental Tech Podcast

2,092 Listeners

Daily Tech News Show by Tom Merritt

Daily Tech News Show

1,390 Listeners

Louder with Crowder by Louder with Crowder

Louder with Crowder

37,747 Listeners

Shawn Ryan Show by Shawn Ryan

Shawn Ryan Show

43,523 Listeners

2.5 Admins by The Late Night Linux Family

2.5 Admins

98 Listeners

Big Technology Podcast by Alex Kantrowitz

Big Technology Podcast

470 Listeners