1.1 billion pay-TV subs globally by 2019; revenues to exceed $331 billion

July 22, 2014
Pay-TV subscriber numbers are expected to reach 936 million by the end of the year as cable operator losses in North America slowed in the first quarter of the year and global cable subscriptions continued to grow. ABI Research, in its “Pay-TV Market Data” report said the U.S. cable market lost about 4% of its cable base in 2013, but was essentially flat in the first quarter.

Report: Nearly 187 million Americans viewed online video in June

July 22, 2014
New numbers from comScore today on June online video viewing show 186.9 million Americans watched online content videos in June 2014, up from 183 million a year ago. As usual, Google Sites ranked as the top video content property, with 153.3 million unique viewers. But that’s down from 158.3 million a year ago.

Comcast drops 144,000 video subs, misses on Q2 revenue expectations

July 22, 2014
Comcast reported earnings of 75 cents per share, beating Wall Street estimates by 3 cents, and reported revenue of $16.84 billion, a 3.5% increase Y/Y, but nevertheless $150 million below expectations. The cableco also reported it had lost 144,000 video customers in the second quarter, 11% better than a year ago, but the drop put an end to the short turnaround in customer erosion the company has seen over the past two quarter.

Verizon adds 100,000 FiOS TV subs in Q2, tops revenue, earnings forecasts

July 22, 2014
Verizon (NYSE: VZ) earnings and revenue beat analyst estimates and reported it had added 139,000 FiOS Internet users and 100,000 FiOS TV users in the second quarter. The telco earned an adjusted 91 cents per share, 1 cent more than expected, and better than the 73 cents per share it earned a year ago. Revenue was $31.48 billion, $380 million more than Wall Street forecasts and a 5.7% Y/Y increase. It was the sixth consecutive quarter that Verizon reported double-digit percentage growth in operating income and earnings per share.

Netflix tops 50 million subscribers worldwide; hits all its number in Q2

July 21, 2014
Netflix, literally, came in on the money for the second quarter, announcing revenue of $1.15 per share and revenue of $1.34 billion, both in line with Wall Street’s expectations. The revenue represents an increase of more than 25 Y/Y, and shares were trading after hours more than 2.5% above close. And, Netflix continued to do something pay-TV operators have had trouble doing, it added subscribers.