Despite Streaming Gains, Pay-TV Subs to Hit 1.1 Billion by 2024, ABI Says

The global pay-TV subscriber base is expected to top 1.1 billion by 2024, ABI Research said Tuesday. That's despite competition from streaming services, which resulted in North American cable, satellite and IP TV services losing more than 1.2 million subscribers in Q1, adding that home broadband adoption rates have increased, but traditional pay-TV services dominate emerging markets. It said some pay-TV operators have launched their own, lower-cost livestreaming services or deployed Android-based set-top boxes to integrate streaming and pay-TV services.