Do you want to remove all your recent searches?

All recent searches will be deleted

Pay TV Industry Shows Cracks in Media Earnings

3 years ago6 views



Further cracks emerged this week in the pay TV bundle as media companies and distributors indicated that more people are cutting the cord and ditching pricey channel packages. Meanwhile, media company executives did damage control, putting a positive spin on the prospect of selling individual channels online. Disney's stock tumbled 9 percent Wednesday, a day after reporting that it was trimming its forecast for TV subscriber-fee profit growth through next year because of subscriber losses at its flagship ESPN sports network.

Report this video

Select an issue

Embed the video

Pay TV Industry Shows Cracks in Media Earnings
<iframe frameborder="0" width="480" height="270" src="//" allowfullscreen allow="autoplay"></iframe>
Add the video to your site with the embed code above