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Daniel Frankel

With DirecTV Now Shrinking at Nearly 17%, MoffettNathanson Says Pay TV Has Entered the ‘Doom Cycle’

MoffettNathanson DIRECTV Craig Moffett ATT ESPN United States

Doom Patrol

The domestic pay TV industry just experienced its worst quarterly cord-cutting ever in Q1, losing 2.3 million customers, 300,000 more than the same period a year ago, according to figures compiled by equity research company MoffettNathanson.

Also read: Do the Collapse --Dish Becomes the Latest Major Pay TV Operator to Accelerate to Double-Digit Cord-Cutting Rate (Charts of the Day)

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