Barclays had been assuming a relatively static competitive market for cable TV, now with the growth of cord-cutting and cord-never they are changing their tone. According to Barclays that was “likely a misplaced assumption.”
As for the possibilities of new mergers and acquisition activity, Barclays believes that pretty much all the value that can be squeezed out of the cable TV sector already has. Barclays singles out Charter as a specific disappointment, which is subject also to a slowdown in broadband growth, competitive pay-TV market.
This is all bad news for pay-TV owners as most are publicly traded companies. With the world of cord-cutting growing and new live TV streaming services, it is becoming increasingly difficult for pay-TV providers to maintain the same market share they once had.
Source: FierceCable
Please follow us on Facebook and Twitter for more news, tips, and reviews.
Need cord cutting tech support? Join our Cord Cutting Tech Support Facebook Group for help.