So much for the deceleration of cord cutting.
Cable and satellite TV providers lost 1.1 million subscribers between July and September, their largest quarterly loss ever, according to a MoffettNathanson, a media research company.
By USA Today, Dish alone had a net loss of 341
Cable TV providers lost about 293,000 subscribers during the quarter. Comcast was the biggest loser on the cable side, bleeding 106,000 subscribers, but the telecom giant offset this with 363,000 new broadband subscribers. Cable providers' losses, however, are actually looking encouraging when they lose 322,000 subscribers during Q3 2017.
BTIG Media and Technology Analyst Rich Greenfield tweeted that Q3 2018 was "the third worst quarter in industry history and worst since Q2 2016. "
In July, research firm eMarketer predicted that cable and satellite would lose 33 million customers by year's end. Meanwhile, Netflix is reportedly outspending every Hollywood studio this year after it took over HBO in Emmy nominations.
Nick Santangelo is a freelance writer based in Philadelphia. He loves video games and sports, but not sports video games. Follow him on Twitter .