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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.
Yup. We got rid of cable TV something like five years ago. Keeping it was already in jeopardy when I realized I was coming home from work and watching four hours of CSI every evening on Spike, and starting to see reruns of episodes that I could have sworn were just shown, and the straw that broke the camel's back was the removal of Turner Classic Movies from our cable package. Since getting rid of cable we've found ourselves actually engaging in our hobbies again, as opposed to just passively staring at the screen.
A lady at work the other day didn't seem to know that one could still receive over-the-air broadcasts for television. I wonder how many people don't realize this and are paying for TV that they don't want or need.
Do not look into laser with remaining eye.
I am rooting for a death spiral. There are so many cable channels that would die a very quick death in any sort of ala carte system where they actually had to compete. The system has been cable system has been setup to extract maximum dollars, while providing very low quality (maximizing profit). I'd much rather see an ala carte system with a few very good premium channels, along with some scrappy quirky channel, and let the invisible hand slap down the rest. I want to be able to get HBO without ESPN, QVC, TLC,CNN, Fox News, etc. Get it down to a handful of good channels that i pick out for $20 a month and I might sign back up.
For now I watch a few things on Hulu and Netflix, and buy dozen or so DVD's a year. I am pretty happy with what I get for the money, and I am very glad that ESPN doesn't get one red cent from me.
Local cable company recently swapped to a completely digital signal so everyone had to rent a new tuner box for every TV in their house (at something like $10 a month each). We stopped using cable but my dad kept with it.
One thing he noticed is his internet connection went to (even more) shit after the change. So he disconnected all the TVs yesterday and wired it so the cable signal just goes to the modem.
3x the download speeds and half the ping time, plus he loved not having to deal with constant commercials as he watched the news on his computer.
Cable companies are shooting themselves in the foot trying to squeeze a couple extra drops of revenue out of people.
I don't suffer from insanity, I enjoy every minute of it!
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.
We should note that the RoHS (pronounced "roe-hass") regulations do not apply in the US, but they're a major hassle in the EU. And yes, the lead-free solder is a real pain in the ass to use and leads to a lot of junction failures. A local community college even offers a special class on how to solder under RoHS.
On the upside, you can pick up a lot of "failed" commercial products and with a quick re-solder with real solder you can bring them back to life cheap.