Disney’s recent OTT push is seen by some as evidence of further – unacknowledged – weakness in the cable market.
August 16, 2017
‘With second-quarter earnings season for Hollywood conglomerates and pay TV giants in the history books, investors and Wall Street analysts have been looking through the latest results and CEO comments to gauge the outlook for the entertainment sector.
And according to many, things are looking difficult as pay TV subscriber losses and ratings challenges are among the dark clouds casting a shadow over investors’ confidence.’