More bad news for these kinds of channels....
Pay TV’s Pain Point Gets Worse: Cord-Cutting Sped Up in 2016
The cord-cutting storm continues to gather momentum, and the forecast is bad news for traditional cable, satellite and telco TV operators — and their programming suppliers.
U.S. pay-TV providers lost around 1.9 million subscribers last year, according to the latest research from Kagan, a unit of S&P Global Market Intelligence.
Overall, Kagan tallied 94.7 million residential pay-TV subscribers in the U.S. as of the end of 2016, down 2% from 96.6 million a year earlier. That decline of 1.9 million is substantially worse than the drop of 1.1 million in 2015 across American pay-TV providers, according to the research firm’s estimates.
At the same time, American broadband-only homes grew much faster in 2016 — increasing by more than 2 million. Kagan estimated the U.S. had 15.4 million non-multichannel broadband homes at the end of last year, up from 13.3 million end of 2015. That suggest that 13% of the country’s occupied households make the decision not to take a traditional multichannel TV package [DTV, Dish, Cable].
And broadband-only households are expected to nearly double over a five-year period, according to Kagan, which forecasts 28 million non-multichannel broadband homes by 2021. And that projection could end up being conservative, given the speed at which cord-cutting has accelerated in just the last year.
http://variety.com/2017/digital/news/cord-cutting-2016-pay-tv-research-ott-1202030814/
Remember, the P12N is dependent on a business model where millions of households, some that never watch the channel, blindly pay their $1 a month to our bottom line.
So, the P12N probably needs to make the decision to sell itself to a major player that can get them in the door on whats left of the Multi Channel industry. Even though that industry may actually be in a death spiral. Under such an arrangement the P12N would most assuredly see the regional feeds reduced down to just two channels at most. As well as a reduction in televised events (The P12N produces more content than ant of the other networks).
Or, they can wait it out until the dust settles.