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Cord-Cutting Explodes in Q1 as Pay-TV Sector Delivers Worst-Ever Losses

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Courtesy of Variety.

Traditional cable and satellite TV providers posted their most massive quarterly subscriber losses in the first three months of 2020, as the COVID-19 tornado started to hit the U.S. economy in March. What’s more, internet-delivered “virtual” TV providers registered a net loss in the period, too.

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