U.S. cord cutting continues, but still below symbolic 1-million threshold: Kagan

MONTEREY, CA – The legacy multichannel universe in the U.S. lost a record 976,000 U.S. pay TV subscribers in the quarter ended June 30, 2017, but that number is better than expected, says new research by Kagan, a media research group within S&P Global Market Intelligence.Overall, traditional multichannel subscriptions dropped below 96.1 million in the second quarter, down 1.8 million since year-end 2016. Adding the top two virtual service providers (VSPs) affiliated with legacy multichannel distributors –DISH Network’s Sling TV and AT&T’s DirecTV Now – lifts the combined total subscriptions to a package of live linear channels and on-demand content...