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.
ping
I have broadband only. I haven’t had cable service since 2009. Its a luxury in these hard times.
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.)
Also, who wants to pay for cable when you can stream just about anything you want to watch with a Roku or the like?
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
Time Warner is suffering from cable-cutting, too.
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.
Another IBEW job action?
Whoops, posted to wrong thread.
Well, it sort of applies.
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.
-—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.
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?
That puts me within inches of dumping cable.
That is looking really good.
What is ad block?
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