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North America television losses to slow
AT&T cuts cord on television services
Paramount+ has global ambition

Over the last decade, television subscriber numbers in North
America declined by 27 million or 23%. How much further will
they fall? One forecast is that in the next five years they
will drop another 11 million or 13% to 74 million, which is
less than two-thirds of the number in 2010. That is still 74
million homes paying for traditional television. Since AT&T
acquired DIRECTV in 2015 at a cost of $67 billion, it has
seen a devastating destruction in value. Spinning out its
television operations, however that is spun, may start to
address this dismal decline. William Cooper Editor NORTH AMERICA TELEVISION LOSSES TO SLOW The number of television subscribers in the United States
and Canada is forecast to fall from 84.9 million in 2021 to
73.5 million in 2026. That means the proportion of homes
paying for traditional television will have fallen from over
90% in 2010 to 53% in 2026. The largest losses are
apparently in the past. Revenues from online video services
are meanwhile forecast to increase from $59.6 billion to
$93.7 billion. Read more... AT&T CUTS CORD ON TELEVISION SERVICES AT&T is spinning out its video operation in the United
States. It is establishing a new business under the DIRECTV
name to own and operate the existing DIRECTV satellite,
U-verse fibre and AT&T TV online services. AT&T will
continue to own 70% of the business, with TPG Capital taking
30% for $1.8 billion. Subject to closing the transaction,
AT&T will receive $7.8 billion, which it will use to reduce
its debt. The deal implies an enterprise value for the
company of $16.25 billion. That is a substantial discount on
the $48.5 billion AT&T paid for DIRECTV in 2015, or about
$67.1 billion including assumed debt. Read more... PARAMOUNT+ HAS GLOBAL AMBITION ViacomCBS has unveiled its online video strategy with the
launch of Paramount+, intended initially to complement its
PlutoTV and Showtime online video services, taking the place
of CBS All Access. Initially launching in North America and
Latin America, Paramount+ has global ambitions, like Disney
Plus, Discovery Plus and other online video services. Read more... BBC Select launches in North America Apple TV+ on Google TV Virgin lost 190,000 TV customers in 2020 Disney+ Star rising Freeview and Freesat services to integrate European online video subscription growth MULTISCREEN INDEX The quarterly Multiscreen Index offers an invaluable
overview of multichannel pay-TV providers around the world
and provides an index of the top 100 services by digital
subscriber numbers, with top 10 rankings worldwide, by
region or mode of delivery, gains or losses. Get this exclusive report EVENTS informitv Supported by an international network of industry
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