Pay-TV users are bailing faster than ever, clouding media stocks

A DISH Network Corp. field service specialist installs a satellite television system at a residence in Downey, Calif. U.S. cable and satellite-TV providers suffered their worst first quarter of subscriber losses in history, raising fresh concerns that cord-cutting will accelerate and drag down media stocks. / BLOOMBERG NEWS PHOTO/ PATRICK T. FALLON
A DISH Network Corp. field service specialist installs a satellite television system at a residence in Downey, Calif. U.S. cable and satellite-TV providers suffered their worst first quarter of subscriber losses in history, raising fresh concerns that cord-cutting will accelerate and drag down media stocks. / BLOOMBERG NEWS PHOTO/ PATRICK T. FALLON
NEW YORK - U.S. cable and satellite-TV providers suffered their worst first quarter of subscriber losses in history, raising fresh concerns that cord-cutting will accelerate and drag down media stocks. Charter Communications Inc., Dish Network Corp., AT&T Inc.’s DirecTV and Verizon Communications Inc. combined to lose almost half a million video subscribers in the period,…

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