This report shows that pay tv subscribers are now on the decline in the UK, and confirms that consolidation is likely in the next couple of years. This is completely in line with the forecast made at the beginning of this thread, based on the declining revenues that will ultimately spell the end of our traditional TV channels.
This process will take some time to play out, but the switch from pay tv channels to OTT sevices will come in the end. Due to declining advertising revenues, the free to view channels will not be immune from this process.
https://www.rapidtvnews.com/20190426...#axzz5mDMukmkA
EXTRACT
“We have seen the cord-cutting trend for several years in the US, where the pay-TV business is more mature,” said Michael Goodman, director, TV and media strategies at Strategy Analytics commenting on the European Pay TV IndexEuropean Pay TV Index. “Now it is starting to hit major markets in Europe, and this spells trouble for pay TV operators which cannot adapt to the needs of today’s viewers. The threat of falling subscriber revenues and stronger OTT rivals will also increase pressure from investors for further consolidation across the industry.”