Industry Report Says Exodus From Pay TV Services Are Accelerating

While “virtual multichannel video programming distributors” like Hulu, YouTube TV and Sling TV are poised to grow, they’ll significantly cannibalize the existing base of traditional pay-TV customers, according to RBC’s analysis. About 15% of the addressable market for “vMVPDs” will come from legacy cable and satellite subs, with 10% from “cord-never” broadband-only households.