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Entertainment companies pushing into the streaming business are noticing the challenges of subscriber turnover that cable companies have long known, the CFO of cable giant Charter Communications said during an investor conference on Wednesday, touting the benefits of the sector’s traditional business approach of bundling video services.
“It’s a strange balance,” Jessica Fischer told the Bank of America Securities 2022 Media, Communications & Entertainment Conference, in a session that was webcast, when asked about entertainment giants pushing their own streaming services while also continuing to operate traditional TV businesses. “The advantage of being part of the bundle is that the bundle is really powerful in reducing the amount of churn that you have in the video business. And when you have these programmers who are pushing customers into their (direct-to-consumer) products, churn hadn’t been as large of an issue for them, but...
Entertainment companies pushing into the streaming business are noticing the challenges of subscriber turnover that cable companies have long known, the CFO of cable giant Charter Communications said during an investor conference on Wednesday, touting the benefits of the sector’s traditional business approach of bundling video services.
“It’s a strange balance,” Jessica Fischer told the Bank of America Securities 2022 Media, Communications & Entertainment Conference, in a session that was webcast, when asked about entertainment giants pushing their own streaming services while also continuing to operate traditional TV businesses. “The advantage of being part of the bundle is that the bundle is really powerful in reducing the amount of churn that you have in the video business. And when you have these programmers who are pushing customers into their (direct-to-consumer) products, churn hadn’t been as large of an issue for them, but...
- 9/7/2022
- by Georg Szalai
- The Hollywood Reporter - Movie News
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Broadband internet is “absolutely still a growth business,” the CFO of cable giant Charter Communications told an investor conference on Wednesday.
“There is a lot of potential to continue to grow” beyond expanding the company’s broadband footprint, Jessica Fischer said during the 24th annual Credit Suisse Communications Conference in a session that was webcast. She touted cable broadband infrastructure as superior to many rivals, adding that where there was competitive technology, Charter could succeed with offering “differentiating” products, such as mobile services.
Asked about second-quarter broadband subscriber trends, including investor worries that some companies could lose broadband customers on a net basis in the period, Fischer acknowledged a special challenge in customers moving from the Emergency Broadband Benefit (Ebb) to the Affordable Connectivity Program (Acp), the FCC’s new benefit program subsidizing internet services.
A “small portion of the subsidized subscribers” either...
Broadband internet is “absolutely still a growth business,” the CFO of cable giant Charter Communications told an investor conference on Wednesday.
“There is a lot of potential to continue to grow” beyond expanding the company’s broadband footprint, Jessica Fischer said during the 24th annual Credit Suisse Communications Conference in a session that was webcast. She touted cable broadband infrastructure as superior to many rivals, adding that where there was competitive technology, Charter could succeed with offering “differentiating” products, such as mobile services.
Asked about second-quarter broadband subscriber trends, including investor worries that some companies could lose broadband customers on a net basis in the period, Fischer acknowledged a special challenge in customers moving from the Emergency Broadband Benefit (Ebb) to the Affordable Connectivity Program (Acp), the FCC’s new benefit program subsidizing internet services.
A “small portion of the subsidized subscribers” either...
- 6/15/2022
- by Georg Szalai
- The Hollywood Reporter - Movie News
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