Code Media 2019
November 18, 2019
Pay TV Subscriber Growth
Source: Company reports, MoffettNathanson estimates and analysis
2
Satellite TV: Total Video Subscriber Growth (Contraction)
Source: Company reports, MoffettNathanson estimates and analysis
3
Cable TV: Total Video Subscriber Growth (Contraction)
Source: Company reports, MoffettNathanson estimates and analysis
4
vMVPD: Cumulative Subscribers
Source: Company reports, MoffettNathanson estimates and analysis
5
Price Evolution of vMVPDs (Entry Package), 2016 to Present
Source: Company reports, MoffettNathanson analysis
6
P2+ TD GRPs, 2011 vs. 2018
Live (Sports and News) Non-Live
Source: Nielsen, MoffettNathanson analysis
7
Pay TV Subscribership by Sports Viewing Frequency
Source: Altman Vilandrie & Co., MoffettNathanson analysis
8
Sports Viewing by Gender, Age, and Household Income
Source: Altman Vilandrie & Co., MoffettNathanson analysis
9
Live TV Programming Viewership by Sports Viewership Intensity
Source: Altman Vilandrie & Co., MoffettNathanson analysis
10
Sports and News Viewership by Pay TV Subscribers
Source: Altman Vilandrie & Co., MoffettNathanson analysis
11
Pay TV Subscribership Mix by Sports/News Viewership
Source: Altman Vilandrie & Co., MoffettNathanson analysis
12
Pay TV Subscribers by Sports and News Viewership
Source: Altman Vilandrie & Co., MoffettNathanson estimates and analysis
13
Why do you stream as a replacement for Pay TV?
Source: HarrisX, MoffettNathanson analysis
14
In the past month, how often did you or someone in your household use the
following service to stream content?
Source: HarrisX, MoffettNathanson analysis
15
Rise of New SVOD Platforms
Source: WikiImages, MoffettNathanson analysis
16
Things That Influence Which Content to Watch on Streaming Services
Source: Nielsen, MoffettNathanson analysis
17
Studio Share of Top Content
100 Most Popular Shows Top 200 Films in Global Box Office
Source: IMDB, BoxOfficeMojo, MoffettNathanson analysis
18
Netflix Top 100 Shows, 3Q 2019
Source: HarrisX, MoffettNathanson analysis
19
Amazon Prime Video Top 100 Shows, 3Q 2019
Source: HarrisX, MoffettNathanson analysis
20
Hulu Top 100 Shows, 3Q 2019
Source: HarrisX, MoffettNathanson analysis
21
Netflix Top 20 Shows, 3Q 2019
Source: HarrisX, MoffettNathanson analysis
22
Netflix Top 20 Shows, 3Q 2019
2 out of 20 Top Shows
Source: HarrisX, MoffettNathanson analysis
23
Netflix Top 20 Shows, 3Q 2019
6 out of 20 Top Shows
Source: HarrisX, MoffettNathanson analysis
24
Netflix Top 20 Shows, 3Q 2019
11 out of 20 Top Shows
Source: HarrisX, MoffettNathanson analysis
25
Programming Expense (ex-Sports), FY 2019
Source: Company reports, MoffettNathanson estimates and analysis
26
Programming Expense (ex-Sports), FY 2019 vs. FY 2023
Source: Company reports, MoffettNathanson estimates and analysis
27
Disclosures and Disclaimers
Independence of Research.
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research. No employee or member of the Company, or immediate family member thereof, exercises investment discretion over, or holds any positions in, securities of
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the views, opinions, and analyses of its authors. The information contained herein does not constitute financial, legal, tax or any other advice. All third party data
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Disclosures and Disclaimers (II)
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