Media Stocks Midyear Assessment
Strictly Business
00:00
The Pay TV Industry Is Going Through a Historic Transition
The linear business, of course, is in a secular decline. PwC put out their annual numbers recently. They said that the pay TV business was going to shed $30 billion in the next five years. Cord-cutting isn't new, but it's accelerating. It'll be interesting to see to these third party licensing deals that you're starting to see Disney and Warners.
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