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Cablevision loses pay-TV customers (Dinosaur Media DeathWatch™)
Financial Times ^ | October 28, 2011 | David Gelles

Posted on 10/29/2011 3:41:35 AM PDT by abb

High quality global journalism requires investment. Cablevision, the cable operator servicing New York and the north-east US, reported a loss of pay-television customers but a gain in high-speed internet customers, mirroring Thursday’s results from competitor Time Warner Cable.

Revenues were up 8 per cent from a year earlier at $1.67bn, but organic growth was nearly flat. Revenues from pay-television services were up despite a loss in subscribers in the past three months.

Cablevision added new internet customers, generating revenues from the segment with the addition of a new broadband operator. “Broadband results, increasingly the cornerstone service for all cable operators, were predictably strong,” said Bernstein Research analyst Craig Moffett.

But analysts said it was hard to assess the results because of Hurricane Irene, which disrupted service in Cablevision’s market and added to costs, and a labour strike by workers at Verizon, a competitor.


TOPICS: Business/Economy; Culture/Society; Extended News; News/Current Events
KEYWORDS: advertising; cable; dbm; television
More folks cutting the cable...
1 posted on 10/29/2011 3:41:38 AM PDT by abb
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To: 04-Bravo; aimhigh; andyandval; Arizona Carolyn; Bahbah; bert; bilhosty; Caipirabob; carmenbmw; ...

ping


2 posted on 10/29/2011 3:43:30 AM PDT by abb ("What ISN'T in the news is often more important than what IS." Ed Biersmith, 1942 -)
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To: abb

I have broadband only. I haven’t had cable service since 2009. Its a luxury in these hard times.


3 posted on 10/29/2011 3:44:26 AM PDT by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
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To: abb

http://www.dankennedy.net/2011/10/28/labor-unrest-hits-the-union-leader/
Labor unrest hits the Manchester Union Leader

http://www.reuters.com/article/2011/10/27/us-timewarnercable-idUSTRE79Q54520111027
Time Warner Cable profit misses, loses more video

http://www.deadline.com/2011/10/paramount-to-lay-off-120-in-reorganization-international-boss-andrew-cripps-not-staying-to-be-replaced-by-disneys-anthony-marcoly/
Paramount To Lay Off 120 In Reorganization

http://www.ajc.com/business/cox-media-combining-jobs-1211558.html
Cox Media combining jobs at AJC, other papers

http://www.niemanlab.org/2011/10/the-path-of-disruption-did-newspaper-next-succeed-in-transforming-newspapers/
The path of disruption: Did Newspaper Next succeed in transforming newspapers?

http://www.broadcastingcable.com/article/475923-NAB_Launching_Future_of_TV_Coalition.php
NAB Launching Future of TV Coalition
Looks to leverage value of minority-targeted multicast channels in fight for spectrum

http://www.broadcastingcable.com/article/475908-Verizon_s_Tauke_Enough_Senators_to_Force_Vote_on_Blocking_Net_Neutrality_Rules.php
Verizon’s Tauke: Enough Senators to Force Vote on Blocking Net Neutrality Rules
Expects vote to happen; says it could be in the next few weeks

http://www.nytimes.com/2011/10/29/business/media/youtube-plans-to-create-new-online-channels.html?_r=1&ref=business
YouTube Plans to Make Big Bet on New Online Channels

http://www.hollywoodreporter.com/news/katie-couris-talk-show-general-hospital-abc-254221
Will Katie Couric’s New Talk Show Mean the Death of ‘General Hospital’?

http://www.mediapost.com/publications/article/161361/google-tv-android-apps-build-gadget-into-platform.html
Google TV Android Apps Build Gadget Into Platform

http://www.mediapost.com/publications/article/161358/cablevision-loses-cable-customers-gains-internet.html
Cablevision: Loses Cable Customers, Gains Internet, Phone Subscribers

http://www.washingtonpost.com/lifestyle/magazine/gene-weingarten-modern-journalism-and-cat-pictures/2011/10/10/gIQAfgbUMM_story.html
Gene Weingarten: Modern journalism meets LOLcats

http://www.washingtonpost.com/blogs/ask-the-post/post/cheezburgers-ben-huh-weingarten-is-confusing-journalism-with-the-business-of-newspapers/2011/10/28/gIQAmdzMPM_blog.html
Cheezburger’s Ben Huh: Weingarten is confusing journalism with the business of newspapers

http://www.npr.org/2011/10/27/141658047/david-carr-the-news-diet-of-a-media-omnivore
David Carr: The News Diet Of A Media Omnivore

http://www.niemanlab.org/2011/10/this-post-wont-save-journalism-sorry/
This post won’t save journalism. (Sorry.)


4 posted on 10/29/2011 3:53:06 AM PDT by abb ("What ISN'T in the news is often more important than what IS." Ed Biersmith, 1942 -)
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To: abb

Also, who wants to pay for cable when you can stream just about anything you want to watch with a Roku or the like?


5 posted on 10/29/2011 4:13:20 AM PDT by My hearts in London - Everett (Still searching for the new tagline!)
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To: abb

http://blogs.barrons.com/stockstowatchtoday/2011/10/28/cablevision-plunges-15-video-customers-drifting-away/?mod=yahoobarrons
Cablevision Plunges 15%: Video Customers Drifting Away

http://www.nytimes.com/2011/10/29/business/cablevision-struggles-and-its-shares-fall-12-5.html?partner=yahoofinance
Cablevision Struggles, and Its Shares Fall 12.5%

http://www.businessweek.com/magazine/interactive-ads-cables-future-may-already-have-passed-10272011.html?campaign_id=yhoo
Interactive Ads: Cable’s Future May Already Have Passed


6 posted on 10/29/2011 5:08:20 AM PDT by abb ("What ISN'T in the news is often more important than what IS." Ed Biersmith, 1942 -)
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To: abb
Actually, what is killing Cablevision is the fact their poor customer service turns off WAY too many customers. They have a known history of fighting with program providers, and I think the final straw was cutting off the New York City ABC and Fox affiliates during 2010, which resulted in many users in the New York City metro area switching to Verizon FIOS cable TV in areas that offered it.
7 posted on 10/29/2011 5:48:00 AM PDT by RayChuang88 (FairTax: America's economic cure)
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To: RayChuang88

Time Warner is suffering from cable-cutting, too.


8 posted on 10/29/2011 5:53:35 AM PDT by abb ("What ISN'T in the news is often more important than what IS." Ed Biersmith, 1942 -)
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To: abb
While all the cable companies are experiencing customer losses, most users just prune back to Basic service, for one reason: nobody wants to miss live events like sports and news. And cutting the cord means losing access to live events.

That's why ESPN is thriving: they very well know that even at the Basic level of service most cable systems carry ESPN and ESPN2 because ESPN and ESPN2 carry a huge number of live sporting events, and that means a steady level of income.

9 posted on 10/29/2011 5:58:47 AM PDT by RayChuang88 (FairTax: America's economic cure)
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To: abb
Time Warner is suffering from cable-cutting, too.

Another IBEW job action?

10 posted on 10/29/2011 6:05:35 AM PDT by j_tull (I may make you feel, but I can't make you think.)
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To: abb

11 posted on 10/29/2011 6:05:37 AM PDT by martin_fierro (< |:)~)
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To: abb

Whoops, posted to wrong thread.

Well, it sort of applies.


12 posted on 10/29/2011 6:06:18 AM PDT by martin_fierro (< |:)~)
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To: RayChuang88
While all the cable companies are experiencing customer losses...

Perhaps some of this because most of the programming Sucks? When I find a show I like, it gets canceled and the programming is getting more mediocre every month.

The commercials are repeated over and over again until they become nauseous.

No wonder folks are going elsewhere.

13 posted on 10/29/2011 6:19:01 AM PDT by sr4402
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To: My hearts in London - Everett

-—or the like?——

I’m using an old computer donated by my son. Connected to Boxee.tv and Hulu, the amount of free material is enormous. I have a Fox news stream to try and that will eliminate the need for cable.

The question becomes, how is all this going to work out for the cable companies?

When I look forward, I see a war between the wireless companies increasingly becoming wi fi providers and the cable companies with fixed broad band. I can only hope that the competition reduces internet pricing.


14 posted on 10/29/2011 6:55:07 AM PDT by bert (K.E. N.P. +12 ..posted from the great river road)
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To: bert

A friend told my daughter that you can stream Fox News with Roku but it only streams between 9am - 3 pm, M-F, I believe she said. Haven’t got the Roku hooked up yet so I don’t know if that’s true. She also said you can get HBO, I think?


15 posted on 10/29/2011 7:11:32 AM PDT by My hearts in London - Everett (Still searching for the new tagline!)
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To: bert

Try this site be sure to use adblock.

http://tgun.tv/giddyuptv.php


16 posted on 10/29/2011 7:25:02 AM PDT by Lees Swrd ("Arms discourage and keep the invader and plunderer in awe and preserve order in the world as well")
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To: sr4402
Cable companies feel they offer value with 499 channels. No one wants or watches that many. It would be like going to a restaurant that charges $400 for a meal - and the meal consists of 75 pounds of meatloaf.
17 posted on 10/29/2011 7:42:23 AM PDT by GOPJ ( Democrats are the only reason to vote for Republicans.... Will Rogers)
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To: bert
Fox news stream ?

That puts me within inches of dumping cable.

18 posted on 10/29/2011 7:44:05 AM PDT by GOPJ ( Democrats are the only reason to vote for Republicans.... Will Rogers)
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Weary But Not Beaten!


Click The Pic To Donate

Consider Becoming A Monthly Donor

19 posted on 10/29/2011 7:58:41 AM PDT by DJ MacWoW (America! The wolves are here! What will you do?)
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To: Lees Swrd

That is looking really good.

What is ad block?


20 posted on 10/29/2011 8:50:40 AM PDT by bert (K.E. N.P. +12 ..posted from the great river road)
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To: GOPJ

http://www.justin.tv/pepperman2#/w/1983390912/2

I just got this and can’t say it works all the time. It is working now very well. It lags the actual cable broad cast slightly. I had both on at the same time

I also read that fox kills streams as soon as it finds them. I don’t know, can’t say


21 posted on 10/29/2011 8:55:18 AM PDT by bert (K.E. N.P. +12 ..posted from the great river road)
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To: bert

adblock is an add on for firefox or IE that blocks unwanted ad’s on websites.


22 posted on 10/29/2011 9:02:51 AM PDT by Lees Swrd ("Arms discourage and keep the invader and plunderer in awe and preserve order in the world as well")
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To: Lees Swrd

thnx


23 posted on 10/29/2011 12:57:19 PM PDT by bert (K.E. N.P. +12 ..posted from the great river road)
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To: bert

Thanks! I’ll pass this one on...

http://www.justin.tv/pepperman2/w/1983390912/2


24 posted on 10/31/2011 4:52:19 PM PDT by GOPJ ( Democrats are the only reason to vote for Republicans.... Will Rogers)
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