Rising subscription TV rates linked to OTT growth: Kagan

NEW YORK - Multichannel penetration rates in the U.S. have plunged under rising pay TV bills in the last seven years, particularly among the more economically vulnerable households, says new research by Kagan, S&P Global Market Intelligence.The research estimated nominal average monthly multichannel revenue per subscriber across the cable, direct broadcast satellite (DBS) and telco platforms — viewed as a solid gauge for the average U.S. monthly multichannel bill — rose at a 5.5% CAGR between 2000 and 2017. For perspective on the impact of the contrasting trajectories between the average annual multichannel cost and household income on multichannel affordability, Kagan...