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.
And I asked myself quite reasonably, "Why the fuck do I have cable TV?"
Yes, but their "solution" seems to be lobby Congress to preserve their sixty year old business model, not actually innovate.
The world's burning. Moped Jesus spotted on I50. Details at 11.
Which is reason enough to ditch cable TV.
I write sci-fi for metalheads
They didn't get where they are by innovating.
They got there by lobbying Congress in the first place.
Lost at C:>. Found at C.
My Internet still has a cord. I'm fine with that.
Also, those so-called "cord cutters" are probably still buying their internet from Time Warner.
Or maybe "Traditional TV viewing" is coming back in that people are going to over the air for local channels/major networks and internet for everyhting else. At least that is what I see with my peer group.
I just got off the phone ending my cable subscription when I saw this post. Perfect timing :)
The reason is different, though. While I am not a customer of Time Warmer (different country), I realised that I wasn't needing it anymore. Or more precisely: there's nothing of interest on it for me. I watch perhaps 3 hour a month; the few things I want to see (mostly news, a few background programs) I can watch on free-to-air. So I'm saving about $20 a month now, which I might use for a cinema ticket or so.
I'm sure I'm not the only one... Perhaps there's more to cable-cutting than just rising cost.
"Fix it? It has been disintegrated, by definition it cannot be fixed!" - Gru in Despicable Me.
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.
Anecdotally, I never watch TV and I'm 27, part of a fairly large generation/cohort that has shown to be very unlikely to adopt TV. Ran into a classmate from high school and the story was the same, she doesn't even OWN a TV, let alone TV service. Like me she gets everything online. On the non anecdotal, it is telling when they are routinely, for the last 4 years running that I know of, the winners or runner up to the most hated companies in the US, with their customer service rated below everyone in their industries (Both TV and Internet Service), and are rated below even banks. I think that really is amazing and has to be sinking in, that people rate their ISP and TV service below those who arguably have committed massive criminal behavior and can strip people of their homes. Mind you, in this day and age, being stripped of Internet Service, while no where near as bad as losing ones shelter, is a pretty crippling blow to economic and educational opportunity and in some cases, denies you even basic functioning life since some government functions are moving to be purely online. Even in the case where it is not, the sheer difference in what you have to devote time to without an internet connection represents a massive drawback (Imagine having to personally drive or transport to pay all bills, as well call business to ascertain information, as well as conduct any government business of any kind, such as taxes or drivers license).
Which just makes me so glad that I don't sit on my ass watching other people exercise for entertainment.
Good luck sustaining those speeds for any length of time. With the typical 5 GB/mo cap of a typical cellular Internet plan, a 10 Mbps Internet connection won't last more than 5 * 8000 / 10 / 60 = 67 minutes, after which you're offline for the rest of the day and the next 29 days. Even in areas where the cable company imposes a 300 GB/mo cap, that's still a more reasonable choice for operating system updates, video streaming, paid movie and video game downloads, and other lawful things that home Internet users expect to do with an Internet connection.
I long for a new era of "Dumb Pipe"/quote. Dumb is unprofitable, and as long as regulators see home Internet as a luxury and not a necessity, home Internet won't get regulated like the public utility it is.
I haven't had cable for eight years. Haven't missed it one bit. The very idea of letting TV schedule when I can sit and watch is ridiculous. Same goes for a DVR, where you have to both know about a show before it airs and set up the DVR to record it. Netflix has a terrible selection here in Canada so I tried that for whatever the trial period was and then ditched it. Turns out I ALWAYS have better things to do than watch TV, and when I give in to the urge I just hit up a torrent site.
I was a TW customer for some time and then moved to a place where my only cable choice is Comcast. I can tell you from experience that TW was a vastly better product. Comcast is getting better, but I still got a better product for less money (and free service calls on top of it) through TW than what I get from Comcast.
TW customers should be breathing a sigh of relief that the merger didn't go through; Comcast customers are disappointed that they missed out on a possible chance at a better product.
That said, there is still almost nothing on TV worth watching. This is becoming increasingly a fault of the cable companies as they go about buying up networks so that they can provide various degrees of exclusive content.
Damn_registrars has no butt-hole. Damn_registrars has no use for a butt-hole.
Cable TV is pretty expensive for what you get, it's full of ads you can't really choose what content you want, etc. It has to become competitive to survive.... well that's how it should work but then the music industry was also faced with this conundrum ~15 years ago and I think they chose to lobby their way into survival, I expect the same song and dance from Cable.
No, he's referring to voting third-party.
(Don't worry, you can still vote for the lesser evil in the runoff.)
"[Regarding the 'cloud,'] ownership was what made America different than Russia." -- Woz
But why would thhey do it? Remember the old question "Who benefits?".
Thing is, once they have the cable to your house, providing TV access over TV+Internet really costs them no more. The only difference is the number of subscribers reported to their suppliers and advertisers.
My assumption would be that their licensing costs + advertising revenue per customer results ina net profit per customer to them....so in essence, you agreeing to recieve the service means that the cable service is actually subsidizing your internet service.
"I opened my eyes, and everything went dark again"
We had a baby in 2010, cut the cord because we didn't want to contaminate him will all the bullshit. Sports is the only thing we remotely miss..
This is very easy to stop if they want, cut out the reality shit, produce quality content. Make the news news again with a bit less opinion. And by quality content, I'd say figuring out Law and Order and CSI and then making n versions of those shows in different cities probably isn't good enough. No more American Idol type crap. Like real quality entertainment, like dramas and comedies. I'd gladly pay for a news channel and 5 to 10 channels with good quality stuff on it.
That takes money, takes risk and takes some intelligence to try to suss out the good from the bad. Thus I predict it won't happen, not from the current batch of media and distribution companies. They're too fat and lazy and used to just cashing checks.
TV is going through a wierd shift right now.
It's both the very best it's ever been and the very worst. There are a handful of very very very high quality shows. Honestly the most well produced, well written, entertaining, amazing video ever made and rivals even the best cinema.
The rest is crap. Really really really crap. Repulsive, base, cheaply made, immoral, sensational, manipulative, pandering shlock that insults your intelligence. Well, it's not all as bad as Fox News but it's not much better either.
At some point the makers of the handfuls of good shows are going to realize that they don't need traditional TV distribution to gain viewership and make money. HBO is going to "cut the cord" and and sell content online. I predict cable companies are going to start imploding when they can no longer rely on forced bundling to sell you drek you don't want to watch.
So we have some good shows, but it's not enough. Personally I've found you can get everything else you want and more on youtube. I don't give a wet fart about celebrity gossip but I can watch some english guy in his basement take apart vintage 70's laboratory equipment and explain it's theory of operation for hours. And I do.
Oddly, mine doesn't. Charter vigorously advertises their triple play for $90, emphasizing with each ad that internet, tv, and phone are "$30 apiece" while internet alone is $50. I've told them repeatedly I've got no interest in phone, but if they could do internet + tv for $60 or even $65--basically just the price point they established for themselves--that I'd take it, but no, internet + TV is also $90, identical to the plan with the phone. I get the bulk discount, but that's just irrational.
The Quirkz Handbook of Self-Improvement for People Who Are Already Pretty Okay
Well, in most cases...YES.
I do tech for a living, and I don't know about you, but I'm reading pretty much 99% of my day...staring at a computer all that time.
Before and after the day job...I kinda prefer to get away from a computer screen for a bit....and relax and watch and listen.
I suppose if your job doesn't have you reading a computer screen your full day, it might be more convenient to sit and read it all...but that's not my day. I like to get away from the computer when I can...
Light travels faster than sound. This is why some people appear bright until you hear them speak.........
When a product sucks, people stop buying it.
*** Don't be dull.***
> Time Warner Cable lost 184,000 overall residential customer relationships
Couldn't happen to a nicer company.
Oliver's law of assumed responsibility: If you're seen fixing it, you will be blamed for breaking it.