This article below is from July 2018.
2019 and 2020 will even be worse, how many more billions will be lost before they shut the doors..
Cord-cutting will cost cable companies $5.5B this year: Survey
Pay-TV subscriber rolls are in line to get whacked this year, according to a new survey that predicts 5.4 million subscribers will drop traditional cable, satellite or fiber-optic TV bundles.
And that massive exodus will cost the pay-TV business $5.5 billion in lost revenue, the cg42 study says. Those numbers, based on a survey of 3,385 U.S. customers in September, even managed to surprise the New York-based management-consulting firm.
https://finance.yahoo.com/news/cord-cutting-will-cost-cable-companies-5-5b-year-survey-193058089.html
