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Research

(Source: Hub 2023 Best Bundle Survey)

➢ For the first time, the average number of TV sources used by each respondent declined YOY from 7.4 in 2022 to 6.4 in 2023.

➢ The big five SVODs (Netflix, Amazon Prime, Hulu, Disney+ and HBO Max) in particular suffered subscriber declines and the proportion of those using three or more of those SVODs fell YOY.

➢ Usage of FAST channels continued to grow in 2023, particularly with households cutting the cord. 57% of respondents said they watch at least one FAST platform.

Up Ahead

June 21: FBA Regional Fiber Connect; Lake Tahoe, CA

June 22: Media Institute Luncheon with Michael O’Rielly; DC

June 26: WICT Network DC/Baltimore Women in Sports, DC

July 30-August 2: The Independent Show 2023; Minneapolis, MN

August 7-8: C2HRCon, Brooklyn

Quotable

“I think when we want to talk about balanced spectrum policy, we want to ensure that all of these access models have the spectrum to provide the throughput capacity they need and can meet demand. And I think right now, there’s a really good case to be made that we need additional spectrum allocated for these exclusive license models and so this is the model of spectrum access that our members primarily rely on to provide mobile service to your smartphone that’s available ubiquitously. This technology is in extremely high demand. We’re seeing projections of five times growth in mobile data throughput in the next five years, but we don’t really quite yet have a confirmed plan in place to see the spectrum that will be necessary to meet that level of demand.”

– CTIA Assistant VP, Policy Communications Doug Brake speaking on spectrum policy at an MMTC event Tuesday

The Daily

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Paramount Confirms Bakish’s Out, Hosts Brief Earnings Call

In one of the shorter earnings calls in recent memory, Paramount Global confirmed that Bob Bakish would be stepping down as CEO a half hour before hosting its 1Q24 results call Monday.

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Jun 13
2024 American Broadband Congress Conference Registration is Open!
Jun 26
2024 FAXIES Awards Nominations Are Open!
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