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.
Elizabeth Parks, president of Parks Associates was quoted in USA Today this week as saying: “It’s a challenging time for service providers to make the money work. It makes sense that there will be a l...
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“It’s a challenging time for service providers to make the money work,” said Elizabeth Parks, president of Parks Associates. “It makes sense that there will be a lot of consolidation in the market. We...
