Tuning Out in Droves
/You can go back over a decade ago and FTVLive told you that this was coming.
People are tuning out TV at a fast clip.
In the third quarter of this year, broadcast network primetime ratings are down 51% year over year.
The declines are across the board with ABC (-12%), CBS (-1%), FOX (-32%) and NBC (-78%) according to Nielsen.
It is really bad for Comcast properties, which owns NBC. Let’s look at the ratings drop for the Comcast-owned cable stations.
USA -65% MSNBC -41% SYFY -43% BRAVO -42% CNBC -35% OXYGEN -14% GOLF CHANNEL -22% E! -50%
FTVLive predicted this years ago and the media companies are just now starting to react.
