Despite increasing competition from over-the-top players and from satellite providers, and declining subscriber numbers, the cable industry in the European Union has continued to grow with gross cable revenues topping €22.4 billion ($23.34 billion) in 2015, a 5.7% increase year-over-year.
More than half of cable revenues in 2015 (53%) came from Internet and phone services, according to a report from IHS Markit, with Internet revenues up nearly 10% to €7.2 billion.
European cable giant Liberty Global expects to more than double the take rate its mobile service has among its 17 million broadband subscribers in Europe, dramatic growth that CEO Mike Fries says will deliver “huge benefits” to the companies base of customers and delivering higher ARPU, lower churn, and happier customers.
AT&T is offering consumers its first new deal since acquiring DirecTV, a $200-a-month combo of HD programming on up to four TVs, unlimited talk and text on four smartphones and 10 gigabytes of wireless data that can be shared.
AT&T says the deal will save the average customer who takes the bundle about $600 a year when it becomes available Aug. 10.
Disney has decided to play hardball with Verizon for offering its ESPN cable channel as an add-on to its new Custom TV FiOS package rather than as part of its basic tier. This morning ESPN filed a lawsuit alleging breech of contract.
It’s a common dilemma: faced with hundreds of TV channels, you still can’t find anything to watch. This trend was summarized nicely by a September Credit Suisse report.