Sun, Apr 20, 2014, 6:22 PM EDT - U.S. Markets closed


% | $
Quotes you view appear here for quick access.

Time Warner Cable Inc. Message Board

  • rheingoldismybeer rheingoldismybeer Aug 2, 2012 3:16 PM Flag

    Drop in Video Subs Increases...

    Big takeaway: lost over 100,000 video subs in the quarter, a bigger drop than previous quarter. This again proves new digital platforms are threatening to lower consumers' perception of the value of TV channels. Growing competition for audience time exacerbates this economic downdraft, as the Internet offers more leisure choices (video games, social networks, etc). (FD: I have no position in TWC or LGF.)

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Forgot to mention: I was one video sub who LOWERED my TWC monthly video bill from $120 to $20. Most of the 300-plus channels aired by TWC contain garbage anyway. Now I get about 30-plus channels and I save over $1,200 per year. Hulu prime costs only $7.00 per month.

      Cut the cord.

      • 1 Reply to rheingoldismybeer
      • From a recent Barron's story:

        "The migration of television from its current bundled paradigm to its a la carte, internet-delivered future may be further away than some cord cutters would like. But based on second-quarter earnings data released by the top four pay TV services, the multi-channel video business as we know it no longer seems to be in growth mode.

        On Thursday, DirecTV reported its first net subscriber loss for a quarter, with a net 52,000 U.S. customers bolting the satellite service during the period extending from April 1 to June 30.

        In fact, each of the top four multi-channel video providers — which collectively service more than 60 percent of U.S. pay TV homes — lost customers in the second quarter. Earlier on Thursday, No. 4 service, Time Warner Cable announced a net loss of 169,000 subscribers. That came just a day after No. 1 service, Comcast, reported a net loss of 176,000 cable customers.

        Last week, in a pre-Q2-earnings filing with the Securities Exchange Commission, satellite carrier Dish Network, the No. 3 service, revealed a net second-quarter loss of 10,000 users. Collective total for the Big Four: minus 407,000 users.

        Many of these lost subscribers continue to migrate to telco-based services, with AT&T U-Verse and Verizon FiOS adding 202,000 and 120,000 video subscribers, respectively, during Q2.

        Coupled with satellite additions, the emergence of these two telco video services have more than offset the declines of the cable business and kept the overall pay TV business in growth mode the last few years. But at least for now, satellite has stopped growing."

135.33-0.29(-0.21%)Apr 17 4:00 PMEDT

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.