Parks Associates estimates that the pay-TV industry will lose $9.9 billion in revenue by 2021 from TV multiscreen password sharing, up from $3.5 billion this year. This is an important loss particularly as traditional TV providers are feeling the effects of cord-cutting, with linear video services losing about 3 million subscribers so far this year.
From the article "Charter, ESPN Spearheading Efforts to Crackdown on Cable-TV Password Sharing" by Bevin Fletcher.
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