To some people, cutting the cord is a no brainer. With the economic slump, many have made due with Netflix, Hulu, among a bevy of other services.
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OTT services like Hulu and Netflix could be crucial to service providers hoping to grow pay-TV margin and to slow or stop the migration of audiences away from the bloated pay-TV bundle.
U.S. operator Cablevision, AT&T U-verse and a handful of Tier 2 providers all recently announced plans to offer Hulu directly to their audiences, and, I suspect, the majority of service providers will join that club within the next 12 months.
European telecom Altice has jumped into the U.S. pay-TV consolidation game, taking a 70% share in Suddenlink, the nation’s 7th largest cable operator. Altice isn’t likely to stop there, with management saying they intend to invest more in the U.S. market and rumors percolating that it’s already in talks with Time Warner Cable.
Linear TV viewing saw a double-digit audience dip for the week of May 4-11, the fifth straight week that viewership dropped by 10% or more. The Bernstein Research audience tracker said year-over-year viewership for the week slipped 11%, according to the researcher.
The biggest hit was a whopping 22% audience drop for Kids cable network viewership from a year ago, with non-children’s viewing down 11% and broadcast networks off 10%.
The $10.4 billion Charter Communications acquisition of Bright House Networks continues to have a heartbeat after all.
Charter and Bright House parent Advance Newhouse Monday said the deal -- which was contingent on a successful Comcast acquisition of Time Warner Cable – was still alive, and that they’d extended their exclusive negotiations for another 30 days, a “good faith” move.