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?"
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 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.