What's your opinion? Can we really explain all of the loss through cord cutting? Do you think there are other reasons? https://www.fiercevideo.com/cable/deeper-dive-what-comcast-directv-and-charter-said-about-video-subscriber-losses-q2
Also keep in mind that, in a lot of ways, cable companies are already really Internet companies that happen to also sell a barely profitable video service. Losing video subscribers but increasing profit from people Increasing internet speeds isn’t that bad of a loss.
There will be a rebound in the sense that companies like ATT will replace the current DIRECTV product with a completely streaming option. That’s where things are now. People are cutting the cord because more people watch on their phones and traditional TV options are too expensive and usually come with contracts. It’ll be interesting to see how things play out over the next year. Uverse Tv is expected to be discontinued and with all of the content ATT has purchased lately, they can compete in the streaming wars.
Isn't paying for multiple streaming subscriptions still cheaper than cable? Not to mention there's no contracts or any sort of strings attached? If anything I see streaming services adapting to a "pay what you watch" model eventually, killing any last hope cable had
That would make a lot of sense. Folks come in my store everyday interested in Directv where packages come with 200+ channels and in reality they watch maybe 10-15 channels.
Ye it's just converting to streaming and producing originals.
Cutting cable just makes more sense today. Why pay $100 to watch 10 channels when you can pay $50 to watch the same 10 channels?
Your telling me no one want to search what time their show is on and try to fit it into their schedule, only if we could watch it on our time I’m gonna come up with something to take care of that, then I’ll only need internet. All jokes aside the cost of video for these companies are dismal taxes and fees they gotta pay just isn’t worth it. Just get Verizon high speed internet and stream your little heart out.
The UI overhead and 1980 gear for cable boxes really makes cable video incredibly unappealing to me. If current video providers would provide an HDMI stick, with the function of Google play on a phone, and give me a remote cause reasons I'd be sold. Hilarious thing is the millions everyone is spending migrating infastructure because IP video management method is so much more efficient vs broadcasting all channels all the time. For some reason we still are limping shit through gear from the 80's and 90's I think partly due to some obscure legal thing about channel encryption for certain channels and probably because of the archaic video provisioning systems being so entrenched with billers
Maybe Charter is....but since the digital forced migration-if Charter has that old of equipment then what in the hell are you working on?
I think you're gonna see a lot of rebounding. When it was just Hulu/Netflix/Prime it made sense to cut the cord. Now that Disney/HBO/Starz etc is starting their own thing it could go one of two ways, either they rebound back to cable/satellite or it's more fractured where people that have kids and like a certain TV show may just subscribe only to HBO/Disney......but even then I don't know it's especially profitable to do this. Most people I know only subscribe to Netflix for 1-2 months a year waiting on Steanger Things and Castlevania. I'll stick with IPTorrents personally.