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November 28, 2016
Hulu isn’t the only company to recognize that trend. A host of live-TV streaming services are cropping up online, and the marketplace is growing crowded. Dish Network Corp.‘s Sling TV and Sony Corp.‘s PlayStation Vue already offer cable-like packages over the internet, and AT&T is introducing DirecTV Now at an event Monday in New York. Amazon and Google’s YouTube have also been working on similar plans. (Thus far none has been a major hit; the biggest, Sling, has about a million subscribers, according to Parks Associates.)
From the article "Hulu CEO Plots A Way To Stand Out From The Crowd In Online TV" by Lucas Shaw.
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According to Parks Associates, it only gets worse from here. In its 2022 “OTT Streaming Trends to Watch” white paper, their data shows that the average churn rate was 40% in 2020. Right now, the avera...
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