Please wait while we enable your Account

0%

Contacting Amazon Web Services
Deploying Cloud Servers, Storage, Transcoding & Database Servers
Deploying Global CDN
Deploying Firewall & Enabling Security Measures
Deploying the CMS & Admin Module
Deploying Website, Mobile & TV Apps framework
Creating your FTP account
Finishing up all the modules
Preparing for launch

Cablevision CEO Claims No Immediate Cord-Cutting “Landslide”

Roshan Dwivedi Published on : 10 August 2015
Cablevision CEO Jim Dolan

 

“I don’t think the sky is falling quite yet,” Cablevision Systems CEO Jim Dolan said Friday on the company’s earnings conference call in addressing Wall Street’s cord-cutting worries that have driven down entertainment stocks this week.

“There is not enough programming in OTT video services and online to “really entice a mainstream customer” yet to drop traditional bundles in a “landslide” move, he argued. “Eventually though there will be enough programming for over-the-top to be competitive with the traditional [pay TV] bundle.”

Dolan suggested that it would take at least five years for 10 percent and 10 years for 30 percent of the market to move away from the bundle.

The change will not happen “over a very short period of time,” because consumers are “very, very comfortable with the amount of choice cable offers.” Dolan compared the cable bundle to buying “the entire magazine stand” to have options to read various publications.

But he also said that broadcasters see retransmission fees as “a pot of gold” as they continue to boost prices, which the Cablevision boss aid would contribute to driving some subscribers away.

Read the entire story here.

Written by: Roshan Dwivedi

Add your comment

Leave a Reply

Your email address will not be published.

Try Muvi One free for 14 days

No Credit Card Required

.muvi.com
Your website will be at https://yourname.muvi.com, you can change this later.

Upcoming Webinar
June 27

9:00AM PST

Leveraging Analytics for Success in the Streaming Industry

A streaming platform’s success is crucially dependent on data. In today’s competitive streaming landscape, data is king. This webinar will unlock the secrets of using analytics to gain…...

Event Language: English
30 Minutes