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Cord cutting hits Kudelski results; Nagra delays Project Radar

Record subscriber declines wreaked havoc on the pay TV landscape throughout the first half of 2019 and one vendor visibly feeling the effects of these reverberations is the Kudelski Group, as the digital security specialist chugs along with the rejigging of its legacy digital TV division. With digital TV revenues on the decline, down by 12% to $190.5 million for the first six months of this year, the company has sought to merge its conditional access and user experience product units into a consolidated DTV Product Unit – aiming to deliver a “more consistent and complete” offer to the market. Ironically, Kudelski last month published its latest Pay TV Innovation Forum report, in which just 26% of executives polled believe…

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