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Business
Daniel Frankel

Nexstar, Sinclair and Other Big Station Groups Face Major Exposure as Dwindling U.S. Pay TV Biz Is Increasingly vMVPD-Controlled

VMVPDs.

On the surface, cord-cutting in the third quarter didn't look too bad, according to the first glance at Leichtman Research Group's latest tally of the top operators serving 96% of the U.S. market.

Domestic pay TV companies lost just 465,471 customers, with huge collective gains by virtual MVPDs YouTube TV, Hulu+Live TV, Sling TV and Fubo (+1.33 million subs) offsetting to a large degree losses by traditional MVPDs. 

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