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Broadcasting & Cable
Broadcasting & Cable
Business
Daniel Frankel

For U.S. Pay TV, 2023 Was a Transformational Year (Chart of the Day)

Family watching TV.

Predictably, the rate of video cord cutting continued to accelerate for most leading operators in 2023, but the industry, ostensibly fading to black, experienced several key changes last year, not all of them bleak. 

For starters, there's a new top dawg in the U.S. pay TV business, with Charter Communications -- which is bleeding customers at a slower rate than Comcast -- narrowly surpassing its frequent cable-biz JV partner in terms of video subscriber count in Q4. 

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