Cable TV Sees Subscriber Numbers Fall to 1984 Levels as They Lose 33 Million Subscribers | Cord Cutters News
In 2023, the world of Cable TV is facing a major shakeup, and it’s not good news for traditional television providers. A report from MoffettNathanson reveals that the number of Americans subscribing to cable TV has plummeted to just 34 million in the third quarter of 2023. This is a stark contrast to the heyday of cable TV in 2002 when a whopping 67 million Americans were hooked. The decline has been steady and unrelenting, driven in part by the rise of satellite services, TelCos, and streaming platforms, all chipping away at cable TV’s once-mighty subscriber base.
Notably, satellite services like DIRECTV and DISH are also feeling the pinch, with their subscriber numbers dropping from 24 million in 2014 to 15 million by the end of the third quarter in 2023. In total, cable and satellite TV companies have lost a staggering 42 million subscribers since their respective peaks. To counteract these losses, cable TV providers have been exploring diversification into areas such as wireless services and Internet, but even these efforts are showing signs of strain.
The situation has become so dire that several smaller cable TV companies have announced plans to shut down their TV services in 2024, citing profitability concerns………
[read more]
Rising Dough
In a rapidly evolving media landscape where cable TV is losing subscribers alarmingly, how do you think larger cable TV companies should adapt and innovate to stay relevant? What strategies would you recommend to them to retain their customer base and remain competitive in a digital age where streaming services and on-demand content are king?
*Click on the “Full Loaf” icon to read the full article! After you read the full article, let us know your thoughts.
☕️ **Discover Stone Street Coffee Company – Your Coffee Haven!**
Today’s Dough readers, if you’re on the hunt for exceptional coffee and cold brew, look no further than Stone Street Coffee Company. We at Today’s Dough are smitten with their rich coffee blends and refreshing Cold Brew. Stone Street’s commitment to quality shines through in every sip. Now, exclusively for our readers, click the banner above to snag a $5 off coupon on your next order. Experience the finest, ethically sourced beans roasted to perfection. Join the Stone Street community, savor top-notch coffee, and elevate your daily brew. ☕️🌟
Share this content:
:max_bytes(150000):strip_icc()/AR-krispy-kreme-getty-4x3-5-cb8a578c4ad24a6bb9fd5f2e8d17bbd5.jpg?fit=750%2C563&ssl=1 "Krispy Kreme Has 13-Cent Dozens for 1 Day Only | allrecipes")
:max_bytes(150000):strip_icc()/AR-krispy-kreme-getty-4x3-5-cb8a578c4ad24a6bb9fd5f2e8d17bbd5.jpg?fit=300%2C225&ssl=1 "Krispy Kreme Has 13-Cent Dozens for 1 Day Only | allrecipes")
