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Cord Cutting? Analyst Predicts Slower Pay TV Losses

Cord cutting has the TV industry on edge, but a new report predicts that pay-TV losses will slow for the rest of the year.

After the big 593,000 drop in subscribers in the second quarter, investment company Evercore ISI expects subscribers to be down 363,000 in the third quarter, followed by a tiny 40,000 dip in the fourth quarter.

That would leave total multichannel subscribers down 1.03 million for the year, up from 193,000 in 2014.

Read more at B&C.