AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |
Back to Blog
Spectrum watch tv live seeking4/14/2024 ![]() ![]() “The company that perhaps believes in the power of high-quality video product more than most any other distributor is still losing video,” Winfrey conceded. Winfrey agreed its pay TV decline has been slower but emphasized the company is still losing video, despite seeing value in the product. ![]() Still, as analysts at the MoffettNathanson event noted, Charter’s been able to lose subscribers at a slower rate than its peers, in part offering skinny video bundles (for example, compared to Charter’s Q1 losses, Comcast shed 614,000 pay TV subs). “It’s very difficult to sell that same content at a premium when it’s available for free,” he said. He said they then took the route of making that same content available in a la carte environments that are cheaper than cable, or even free via AVOD or historically through password sharing. He went on to describe the lead up to continued cord cutting trends, saying how programmers continued to take higher rates for decades, bundled it together with additional content that not all customers wanted and “shoving it down their throat to have it cost more money” as related cable fees rose. They managed to kill their own golden goose,” Winfrey said. During the investor conference Winfrey laid into programmers for their role in a shrinking pay TV industry (which collectively lost 2.3 million in Q1, per Moffett estimates), suggesting that in the shift to streaming not many companies have done a good job of protecting the value of their content assets. Charter’s involvement in a streaming video platform launch (although to be clear Xumo operates as an independent business) comes, as mentioned, as the company continues to see its traditional cable pay TV base decline.
0 Comments
Read More
Leave a Reply. |