Pay TV providers could lose money on deals made with every single TV network group should growth rates from subscribers’ fees continue.Bernstein Research analysis, along with SNL Kagan research, says gross profit margins — which now average 25% for pay TV providers — are projected to fall to 17% in 2018. They will be zero in 2023 if trends continue.
Source: Pay TV Profit Forecast: Steep Declines By 2023 04/08/2016