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28.05.2020 / 19:19

Cord-Cutting to Accelerate, But No "Doomsday" for Cable Financials, Analyst Says

The rise in unemployment due to the novel coronavirus pandemic led to a new record in pay TV subscriber losses in the first quarter of 2020, and one pay TV analyst on Thursday predicted cord-cutting would accelerate further. "We see cord-cutting as a secular trend that likely will kick into high gear during and on the other side of COVID-19," Wells Fargo's Jennifer Fritzsche wrote in a report.

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COVID-19

United States	Cases: 46 252 513 Deaths: 750 423 Recovered: 0
India	Cases: 34 321 025 Deaths: 459 652 Recovered: 0
Brazil	Cases: 21 835 785 Deaths: 608 235 Recovered: 0
United Kingdom	Cases: 9 215 683 Deaths: 141 607 Recovered: 0
Russia	Cases: 8 494 589 Deaths: 237 619 Recovered: 0

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