AT&T just declared the end of the satellite-TV era in the US

AT&T just declared the end of the satellite-TV era in the US

The practice of getting TV through satellite dishes propped up in backyards and perched on rooftops first took hold in the US in the last 1970s and early 1980s, after TV networks like HBO and Turner Broadcasting System started sending TV signals to cable providers via satellites.

But in recent years, consumers have shifted to new digital TV offerings like Netflix and Hulu or the live, PlayStation Vue service.

That shift away from traditional TV services has hit satellite particularly hard.

The US pay-TV industry reportedly lost a record number of TV subscribers last quarter, and the satellite services from DirecTV and Dish Network (which also owns internet-TV service Sling TV) were the hardest hit.

In 2017, AT&T lost 554,000 satellite video subscribers, and it continued to hemorrhage customers this year, according to company filings.

Quartz

https://qz.com/1480089/att-just-declared-the-end-of-the-satellite-tv-era-in-the-us/amp/