Streaming TV Bundles, Once Seen as Industry Savior, Hit a Wall
- Sling TV, DirecTV Now report slowing growth after price hikes
- Subscribers may be shifting to new services from Hulu, YouTube
Photographer: Frederic J. Brown/Getty Images
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New low-cost streaming services like DirecTV Now and Sling TV were supposed to stem the bleeding in the media industry by attracting cord cutters who ditch their cable subscriptions.
But their growth has hit a wall, raising doubts that these services can halt or reverse the subscriber losses that have weighed on the entertainment industry for more than three years.