Traditional U.S. pay TV subscriptions log record 3.7% drop in 2017: Kagan

MONTEREY, CA – While fourth quarter subscription losses slowed for the traditional U.S. multichannel video providers, the sector still tumbled a record 3.7% for the full year, according to data compiled by Kagan, a group within S&P Global Market Intelligence.Combined cable, direct broadcast satellite (DBS) and telecommunication (telco) multichannel subscriptions fell to 94 million, including 91.1 million residential customers. Combined, cable, DBS and telco subscriptions are now down approximately 7.4 million from their peak in 2012.Other highlights from the Fourth Quarter 2017 U.S. Multichannel Subscriber report include:- The total multichannel count including the top two virtual service providers, Sling TV...