Traditional/Streaming Live TV Providers Losses, 1st Quarter 2025 Edition

[Bruce]

It is that time of the month, when Live TV Providers start reporting their quarterly reports.

First up Verizon Fios, with a loss of 58,000 Video subscribers, but had gains with their Fios Broadband/5G Service, +308,000.

Fios Video service is down to 2.626M subscribers, should just give up.

Comcast and Charter's numbers up Thursday/Friday.

https://www.verizon.com/about/file/74931/download?token=uLHub6Xw

 

[Bruce]

Just a big wow-

Comcast lost 427,000 video subscribers, plus 199,000 broadband customers.

First quarter is already looking like a bloodbath for Traditional Providers.

U.S. ad revenue fell about 6.8% during the quarter.

Comcast Sees Q1 Profit Dip On Cable, Ad Revenue

Comcast said first quarter profit dipped as the company grappled with downturns in U.S. ad sales and lost traditional cable subscribers

variety.com

 

[AZ.]

Just a big wow-

Comcast lost 427,000 video subscribers, plus 199,000 broadband customers.

First quarter is already looking like a bloodbath for Traditional Providers.

U.S. ad revenue fell about 6.8% during the quarter.

Comcast Sees Q1 Profit Dip On Cable, Ad Revenue

Comcast said first quarter profit dipped as the company grappled with downturns in U.S. ad sales and lost traditional cable subscribers

variety.com

Where did 199,000 broadband people go? Is it price making them walk away?

 

[Bruce]

Where did 199,000 broadband people go?

It looks like 5G services, based on the gains of Verizon and AT&T.

Is it price making them walk away?

I would assume, Traditional Providers have not learned from history, because the trends are exactly like when Video Subscribers started to leave.

In 2011, was when Cord Cutting started, with a few thousand leaving, Cable/Satellite kept saying no big deal, means nothing.

Number of those leaving kept growing, Cable/Satellite ignored it, by 2017, when Traditional Providers still had 100 Million Households subscribing to Video Services, the number jumped to the 6 figures for those leaving.

Today, Cable/Satellite loses about 8 million a year ( about 2 million of those subscribe to YTTV type services), now is under 50 Million subscribers, in just 8 years, has lost over 50 Million, just because they ignored the problem, which they could of fixed years ago, before it became out of control.

 

[b4pjoe]

Where did 199,000 broadband people go? Is it price making them walk away?

Probably the same type of places I did when I left Spectrum. First it was a bit faster service via T-Mobile 5G Home Internet for 25% cheaper than the price of Spectrum. Then my local co-op offered gigabit fiber (1 gbps up and down speed) for $70 per month while Spectrum was offering gigabit fiber (1 gbps down and 20 mbps up speed) for $130.

 

[ncted]

I can tell AT&T has started offering 5G Home Internet in my area. Service has really slowed down recently. If the other two didn't already suck so bad, I'd consider switching.

 

[AZ.]

Internet has been horrible out here. Now the cable company says they are faster. I was out for 3 1/2 weeks, and refused to credit me. Then when I called to cancel I was on the phone listening to them tell me " its the greatest mistake I will make in my life" NO JOKE. That was over 3 years ago.

Got T-Mobile 5g over 2 years ago. It was spotty at best. The downloads are in triple digits now, and it has improved greatly!

After how I was treated from cable, it would be very hard to go back!

 

[Bruce]

Charter/Spectrum lost 181,000 video customers.

Also 60,000 Internet customers.

With just 3 providers reporting, already at 666,000 video subscribers lost.

 

[MikeD-C05]

Charter/Spectrum lost 181,000 video customers.

Also 60,000 Internet customers.

With just 3 providers reporting, already at 666,000 video subscribers lost.

666 sign of the devil!!

 

[b4pjoe]

666 sign of the devil!!

It fits for Spectrum!

 

[ncted]

Comcast president bemoans broadband customer losses: “We are not winning”

Exec says lack of “price transparency and predictability” drove customers away.

arstechnica.com

 

[Bruce]

With just 3 providers reporting, already at 666,000 video subscribers lost.

Another big wow-

In Q1 2025, Fubo ended with 1.47 million subscribers in North America, a decrease of 206,000 subscribers compared to the 1.676 million reported at the end of 2024.

Fubo provided guidance for Q2 2025, projecting North American subscribers to range between 1.225 million and 1.255 million, indicating a potential further decline

With just 4 providers reporting, already at 872,000 video subscribers lost.

Fubo Lost 206,000 Subscribers in The United States In The 1st Quarter of 2025 & Fubo Expects To Keep Losing Subscribers | Cord Cutters News

FuboTV Inc. the sports-first live TV streaming platform, released its first-quarter 2025 financial results today, showcasing a mix of challenges and successes. The company reported a slight decline in its North American subscriber base but achieved significant improvements in profitability...

cordcuttersnews.com

 

[Foxbat]

Well, if Fubo, a streaming service, is losing customers, this drop isn't strictly about the Legacy Paid TV Providers being replaced by new distributors.

 

[telstar_1]

If cable can't hold bb subs, it's really cooked

 

[Bruce]

With just 4 providers reporting, already at 872,000 video subscribers lost.

Cable One reported a 24,000 decline, only has 101,000 video subscribers left, just shut it down, has over 900,000 broadband customers, video customers have to be a drag on earnings at this point.

Probably would be more profitable if they outsource that part of the business to YTTV/others.

So. with 5 Providers reporting, at 896,000 lost, Altice ( formerly Cablevision) and Dish reports Thursday/Friday.

Cable One Reports First Quarter 2025 Results

Cable One, Inc. (NYSE: CABO) (the “Company” or “Cable One”) today reported financial and operating results for the quarter ended March 31, 2025. Three Mont...

www.businesswire.com

 

[navychop]

What is that tune I'm hearing? Can't quite place it.

Oh yeah. At funerals….

 

[Bruce]

So. with 5 Providers reporting, at 896,000 lost, Altice ( formerly Cablevision) and Dish reports Thursday/Friday.

I forgot that Disney would be reporting Hulu Live numbers this week, here they are, not good news.

Lost 200,000, we have already hit 1,096,000 gone in the first quarter from paid live TV, but on demand streaming services are gaining subscribers, Netflix, Hulu and Disney+ are up.

Hulu + Live TV Lost 200,000 Subscribers But Disney+ Added 1.4 Million Subscribers in The First 3 Months of 2025 | Cord Cutters News

The Walt Disney Company announced robust financial results for its second fiscal quarter ending March 29, 2025, with its Direct-to-Consumer (DTC) segment, encompassing Disney+ and Hulu, delivering a combined operating income of $336 million, a significant leap from the $47 million recorded in...

cordcuttersnews.com