Net US subscriber additions for pay-TV operators fell by nearly 350,000 in the second quarter, according to IHS Screen Digest.
The thirteen largest multi-channel video providers in the US, representing about 94% of the market, lost about 325,000 net additional video subscribers in Q2 2012.
Even as more US consumers adopt subscription streaming from Netflix and other services, the majority of feature-length movies are still rented on physical discs., according to The NPD Group’s VideoWatch VOD report.
Vevo, the all-premium music video and entertainment platform, is committed to launch with the online gaming platform Ouya when it comes to market in March 2013.
The cord-cutting debate continues to rage –at least in the US, where the number subscribers to pay-TV services operated by publicly traded cable, satellite and phone companies fell by 200,000 in the second quarter.
WATCH VIDEO. Aereo, the New York based TV streaming service, has had a victory in court, with a judge refusing to grant a preliminary injunction shutting the service down.
CNN and Facebook have partnered to offer a social experience for CNN’s on-air, mobile and online audiences and Facebook’s more than 160 million US users.
The Walt Disney Company and Hearst Corp. will acquire NBCUniversal’s 15.8% stake in A+E Television Networks for $3.03 billion (€2.46 billion).