DURHAM, N.H.—Major pay TV providers have passed another unpleasant milestone in 2023 with a new Leichtman Research Group, Inc. (LRG) report finding that the largest pay-TV providers in the U.S. lost about 5,035,000 net video subscribers in 2023, compared to a pro forma net loss of about 4,590,000 in 2022.
“The top pay-TV providers had a net loss of about 5 million subscribers in 2023, compared to a pro forma loss of about 4.6 million subscribers in 2022,” said Bruce Leichtman, president and principal analyst for Leichtman Research Group, Inc. “At the end of 2023, top pay-TV providers had about 71.3 million subscribers, down from 91.5 million at the end of 2018.”
