Shulou(Shulou.com)11/24 Report--

CTOnews.com, May 17 (Xinhua)-- Google YouTube TV, a live TV service, has been growing, with all other live TV services shrinking as of Q1 this year, according to 9to5 Google.

Live television in the United States is basically available in one of two ways, including traditional cable television and online streaming services. YouTube TV continues to dominate online services, with more than 5 million subscribers as of last year.

MoffettNathanson, a research firm, took a new look at the live TV market and YouTube TV revenue this week. By the first quarter of 2023, live TV services had fallen to their lowest level since 1992, with only 58.5% of American households subscribing to some form of pay TV (CTOnews.com Note: cable and Internet services are included in the report). For cable providers, it fell by nearly 10 per cent, while satellite providers fell by more than 13 per cent.

Citing the same report, CordCuttersNews stressed that live online television services are not much better. It is reported that Hulu, which supports Live TV, lost 100,000 subscribers in the first quarter of 2023, while Sling TV lost 200000 and FuboTV lost about 160,000 subscribers.

According to the report, Google YouTube TV was the only provider to get new subscribers in the first quarter of 2023, with an influx of 300000 subscribers, bringing the total number of subscribers to the service to 6.3 million, although YouTube TV raised its price in March. However, Google has not officially confirmed the figure.

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