As the TV business realigns itself around streaming services, traditional pay-TV services continue to bleed subscribers, according to the most recent quarterly results from Leichtman Research Group.
In its latest report, LRG reported that the largest pay-TV providers in the U.S.—representing about 96% of the market—lost about 1,730,000 net video subscribers in 2Q 2023, compared to a pro forma net loss of about 1,725,000 in 2Q 2022.
