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.
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.
Which just makes me so glad that I don't sit on my ass watching other people exercise for entertainment.
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.
1. Netflix costs more than The Pirate Bay: true
2. Netflix has a lower selection than The Pirate Bay: true, including and especially the latest releases and obscure titles (if they're still seeded)
3. Netflix has less usability than The Pirate Bay: false*
* Netflix is just plain easier. I can sit down in front of the TV, start my AppleTV, navigate to something I want to watch, click play.
To do the same thing with The Pirate Bay, I'd have to sit at my computer, search their website, filter out all the weird containers like DivX and MKV, try to find a non-HD file that would take multiple hours to download, make sure the MP4 version I choose has subtitles and will play on my AppleTV, download the file, wait for at least 30 to 60 minutes for the download, add to my iTunes library and then finally watch the movie on my TV. That's nowhere near as convenient as Netflix.
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When a product sucks, people stop buying it.
*** Don't be dull.***