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Verizon Loses 18,000 Pay TV Subscribers, Signals Delay For Live TV Streaming Service (hollywoodreporter.com)
Verizon announced on Thursday that its FiOS video service lost 18,000 net pay TV subscribers in the third quarter, compared with the addition of 36,000 subscribers in the year-ago period and 15,000 subscriber drop in the second quarter. Hollywood Reporter reports: The company said the drop in the latest quarter was "reflecting the ongoing shift from traditional linear video to over-the-top offerings." Verizon, led by chairman and CEO Lowell McAdam, ended the third quarter with a total of 4.6 million subscribers to its FiOS video service, which competes with cable and satellite TV companies. Asked about a planned over-the-top (OTT) TV service from Verizon, Ellis said that the company continues to feel that "there's an opportunity for us to play," but signaling a delay, he emphasized that the company "doesn't want to launch a me-too product." He didn't provide any guidance on when the OTT service would launch, saying that was still "TBD" (to be determined), or what content it could offer beyond saying it was likely to be built "around live programming." Verizon also reported Thursday that it added 66,000 net new FiOS broadband connections in the third quarter to end it with 5.8 million.
Verizon, Comcast, TimeWarner, you name it. Twenty years ago when I was willing to pay for a la carte they said no.
I have an antenna, but even so I barely watch any OTA even. There's a few things I watch on streaming sites; I pay for Netflix and Amazon Prime, and I use the family share from my daughter's Hulu. I miss the days when "free" Hulu actually had good content. I get a lot of reading done. I work on other hobbies. I don't miss it.
Streaming FTW.
I agree with most of what you said except that US poverty is not growing. That is a "left myth". The poverty rate is just about the same as it has been since 1965.
https://en.wikipedia.org/wiki/...
https://www.forbes.com/sites/t...