Cord-Cutting Has Reached an Epic New Level [The Motley Fool]
AT&T Inc. (T)
Last at&t inc. earnings: 4/22 06:54 am
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Source: The Motley Fool
Cord-Cutting Has Reached an Epic New Level The end of cable television as we know it may be closer than you think. Once something big starts rolling down a hill, it can be awfully hard to slow it down. That's what's happening with cord-cutting -- customers are fleeing their cable and satellite TV providers in ever-increasing numbers. That trend is unlikely to abate any time soon, because consumers today can drop cable and replace it with an array of streaming services for less money. It's possible to get nearly every channel via streaming, so consumers can theoretically save money and still get what they want. Cable, with its current fixed system of channel bundles, can't really compete. The major pay-television providers lost a total of 2.87 million net customers in 2018, up from 1.49 million the previous year, according to data from Leichtman Research Group (LRG). Those numbers got even worse in the first half of 2019, when the industry dropped another 2.88 million subscribers. And
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News
- 3 Top Tech Stocks to Buy in April [Yahoo! Finance]Yahoo! Finance
- White Castle Celebrates the 20th Anniversary of "Harold & Kumar Go to White Castle" [Yahoo! Finance]Yahoo! Finance
- David Zaslav's 2023 Pay Was Almost $50 Million [Yahoo! Finance]Yahoo! Finance
- Warner Bros. CEO Earned $49.7 Million in Strike-Impacted Year [BNN Bloomberg (Canada)]BNN Bloomberg
- Major Delays at Sacramento Airport After AT&T Cable Is Slashed [The New York Times]The New York Times
T
Earnings
- 1/24/24 - Miss
T
Sec Filings
- 4/16/24 - Form PX14A6G
- 4/8/24 - Form DEFA14A
- 4/4/24 - Form ARS
- T's page on the SEC website