Todd Spangler on the most recent cable television numbers:
Q1 is historically one of the strongest periods for pay TV providers. But the 176,000 net adds in the most recent quarter came in at less than half the totals for the sector in the previous three years, according to Bazinet’s calculations. The industry added 403,000 in the first quarter of 2012; 483,000 in Q1 2011; and 507,000 in Q1 2010.
Indeed, the four largest publicly held MSOs in the States — Comcast, Time Warner Cable, Charter Communications and Cablevision Systems — collectively lost 208,000 video subscribers in Q1 2013, exactly double the 104,000 they dropped in the year-earlier period.
I sense a trend. And if my math is correct, that trend is not a good one for cable television.
Tim Cook, to NBC News’ Brian Williams.
Yeah, that’s about as close to a confirmation of the project as you’re going to get out of Apple…(via parislemon)
— Time Warner CEO Jeff Bewkes • Once again shooting down any chance of a web-only HBO GO service, following an inquiry by a Barclay’s Capital analyst during Time Warner’s earnings call. Bewkes told investors that the 7 million additional subscribers to HBO and Cinemax in the last 6 months was proof that there was still an extremely large market for cable-exclusivity. “There are tens of millions of homes with multichannel TV… [that] aren’t currently subscribing to HBO,” said Bewkes, “That’s the opportunity.” source (via • follow)
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From The Archives: Menacing 1970s PSA warns against the threat to “Free TV” posed by “Pay TV and Cable TV companies seeking the right to charge you for the very programs you now get free.”