Legacy pay-TV's big bet on internet bundles is losing momentum.
AT&T and Dish Network's online pay-TV services each posted poor subscriber growth during the first quarter of 2019.
DirecTV Now, AT&T's streaming-TV service, lost 83,000 net subscribers during the period, AT&T said when it reported earnings on April 26 — after losing 267,000 during the fourth quarter of 2018, and gaining 312,000 during the first quarter of that year. It closed the period with about 1.5 million subscribers, flat versus a year ago. (AT&T did not report subscriber figures for its low-cost bundle, Watch TV, which costs $15 per month compared to the $50 DirecTV Now starts at.)
The quarter was a little rosier for Dish's Sling TV, but not by much. [Read More]
Published @ May 4, 2019