Cord Cutting to Send MVPD Revenue Tumbling by 2025: Kagan

Video cord cutting could mean a $33.6 billion drop in annual revenue for U.S. multichannel services 2021-25, with DBS and telcos having the steepest decline, S&P's Kagan said Wednesday. It's projecting subscription revenue for MVPDs going from $91.1 billion this year to $64.7 billion in 2025. It said cable revenue should stay relatively stable.