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Cutting the Cord? Time Warner Loses 184,000 TV Subscribers In One Quarter
Mr D from 63 (3395377) writes Time Warner Cable's results have been buoyed recently by higher subscriber numbers for broadband Internet service. In the latest period, however, Time Warner Cable lost 184,000 overall residential customer relationships [Note: non-paywalled coverage at Bloomberg and Reuters]. The addition of 92,000 residential high-speed data customers was offset by 184,000 fewer residential video customers in the quarter. Triple play customers fell by 24,000, while residential voice additions were 14,000.
Exactly. Minimum basic cable price (if I don't want to sell my entire soul to the cableco) where I am is $39.48 + $3.99 for a converter box + 13% taxes + some other silly fees I've forgotten about (LPIF?), every month. Ends up about $54. As encouragement for me to never sign up again, they'll punish me with a $49.99 one time bonus fee.
Primewire, netflix and even sometimes the sites for the stations themselves gives me all the content I need (no hulu in my country). I'd actually pay $20 for what I watch on top of Netflix, but it has to be equally convenient and unlimited to what I get now, and typically anything I've seen isn't. Basic cable is a joke.
Cable TV can DIAF.
When the government put out regulations where companies couldn't use lead-based solder in consumer electronics products anymore (it's still widely available for private purchase), all electronic devices began suffering significantly shorter operational life. The lead kept the solder from developing micro-fractures that eventually caused joints to arc, or disconnecting altogether. If you're handy with a soldering iron, you can often resurrect dead electronics by touching heat to the joints which has the effect of making the solder become molten again and thus eliminating the fractures. Under constant operating conditions it can take about 2-3 years for the fractures to progress to the point where a device will no longer work properly. It's one reason why you hear about Red-Rings-of-Death, Red lights of death, etc. from gaming systems released in the last 10-15 years while a good portion of classic systems from the Atari, to the Oddessy2, to the Sega Master System, to the N64 can still be found 20-30 years later still running as well as they did on day one. You always hear the phrase "They don't make 'em like they used to." It's because literally (in the very literal sense, not figuratively speaking type of literally), they don't.