Pay Cable Prices Going Up, 'Day of
Reckoning' Approaches
by Christian Toto 29 Nov 2013,
10:40 AM PDT
We learned earlier this week that
cable providers lost 5 million subscribers since 2010, a partial result from
the rise of streaming and online content options.
Now, Variety reports that pay
cable giants will be passing higher prices on to subscribers with no end in
sight.
Nine companies — Disney, Fox, Time Warner, Comcast/NBCUniversal, CBS, Viacom, Discovery, Scripps and AMC
— control about 90% of the professionally produced TV content in the U.S.,
spending an estimated $45 billion per year on that content, according to
Juenger. ”To date, it has been impossible for a distributor to assemble a
pay-TV offering that can successfully attract and retain subscribers without
having the content from all of these nine companies.”
So, that means pay TV bills will
continue to climb faster than the overall cost of living for U.S. consumers.
This comes at a time when Netflix
is beefing up its original content, Amazon Prime is doing the same and new
players (Target, Redbox) are entering the streaming space.
It's not panic time ... yet for
the pay cable giants. That day will come, Variety warns.
... pay-TV players are facing a
day of reckoning in one form or another.
Cable Providers
George J. Mitchell
was the chairman for the Walt Disney
Company, the Mideast envoy for the Barack Obama administration, and the chair
emeritus for the International Crisis
Group.
Note: George Soros is a
board member for the International
Crisis Group, and the chairman for the Foundation
to Promote Open Society.
Foundation
to Promote Open Society was a funder for the Brookings Institution (think tank), the Robin Hood Foundation, the NAACP
Legal Defense & Educational Fund, the Urban Institute (think tank), the Sundance Institute, the Natural
Resources Defense Council, and the New America Foundation.
John
S. Chen is a director at the Walt
Disney Company, and a trustee at the Brookings
Institution (think tank).
Sheryl K.
Sandberg is a director at the Walt
Disney Company, and was a trustee at the Brookings Institution (think tank).
Judith
Rodin is a director at the Comcast
Corporation, and was an honorary trustee at the Brookings Institution (think tank).
NBCUniversal
is the owner of the Comcast Corporation.
Jeff
Zucker was the president & CEO for NBCUniversal,
and is a director at the Robin Hood
Foundation.
Douglas P. Morris
is a director at the Robin Hood
Foundation, and a director at CBS.
Ellen
V. Futter was a director at Viacom,
and is a trustee at the Brookings
Institution (think tank).
Michael H. Jordan
is the chairman & CEO for CBS,
and an honorary trustee at the Brookings
Institution (think tank).
Van Gordon Sauter
was the president for CBS, and is
married to Kathleen Brown.
Kathleen
Brown is married to Van Gordon
Sauter, the California state government governor Jerry
Brown’s sister, and a member of the Commercial
Club of Chicago.
Commercial Club of Chicago,
Members Directory
Please note: This link for the
members of the Commercial Club of Chicago can no longer be found.
William
Wrigley Jr. II is a member of the Commercial
Club of Chicago, and was the chairman for the Wm. Wrigley Jr. Company.
Julie
A. Wrigley was an assistant to the president for the Wm. Wrigley Jr. Company, and a director at the E.W. Scripps Company.
Scripps
Networks Interactive Inc. is a subsidiary of the E.W. Scripps Company.
Valerie B. Jarrett
is a member of the Commercial Club of
Chicago, the senior adviser for the Barack
Obama administration, and her great uncle is Vernon E. Jordan Jr.
Cyrus F.
Freidheim Jr. is a member of the Commercial
Club of Chicago, and an honorary trustee at the Brookings Institution (think tank).
Vernon E. Jordan Jr. is Valerie B. Jarrett’s great uncle, an
honorary trustee at the Brookings Institution (think tank), a director
at the American Friends of Bilderberg (think tank), a senior counsel for
Akin, Gump, Strauss, Hauer & Feld,
LLP, a senior director at the NAACP
Legal Defense & Educational Fund, a life trustee at the Urban Institute (think tank), was a
director at the Xerox Corporation, and
a 2008 Bilderberg conference participant (think tank).
John
E. Sununu is an adviser at Akin,
Gump, Strauss, Hauer & Feld, LLP, and a director at Time Warner Cable Inc.
Akin,
Gump, Strauss, Hauer & Feld, LLP was the lobby firm for the Walt Disney Company, and is the lobby
firm for Cox Enterprises.
Cox
Communications Inc. is a subsidiary of Cox
Enterprises.
Michael I. Sovern
is a director emeritus at the NAACP
Legal Defense & Educational Fund, and was a director at the Comcast Corporation.
Donald
A. Baer is a trustee at the Urban
Institute (think tank), and was the SVP for Discovery Communications Inc.
Glenn
A. Britt is a director at the Xerox
Corporation, and the chairman & president & CEO for Time Warner Cable Inc.
N.J.
Nicholas Jr. was a director at the Xerox
Corporation, the president & co-CEO for Time Warner Inc., and is a director at Time Warner Cable Inc.
Ann
N. Reese is a director at the Xerox
Corporation, and was a director at CBS.
Thomas E. Rothman
was the chairman & CEO for Fox
Filmed Entertainment, and is a trustee emeritus for the Sundance Institute.
Robert
Redford is the founder & president for the Sundance Institute, a trustee at the Natural Resources Defense Council, and a partner for the Sundance Channel.
John
E. Bryson was a co-founder for the Natural
Resources Defense Council, and a director at the Walt Disney Company.
Wendy
Schmidt is a trustee at the Natural
Resources Defense Council, and married to Eric E. Schmidt.
Eric E. Schmidt is married to Wendy Schmidt, the chairman of the New
America Foundation (think
tank), was a funder for the New America
Foundation (think tank), and a 2008 Bilderberg conference
participant (think tank).
Laurene Powell
Jobs was a director at the New America Foundation (think tank), and married to Steve Jobs.
Steve
Jobs was married to Laurene Powell
Jobs, and a director at Walt Disney
Company.
Sundance Channel
is a partner with CBS and NBCUniversal.
Hulu,
LLC is the content provider for the Sundance
Channel, Fox Broadcasting Company,
Fox Movie Channel, the content
provider, subsidiary of NBCUniversal,
and Walt Disney Company is a co-owner.
Chadwick
Ho is the SVP & general counsel for Hulu, LLC, and was a VP for the Fox Interactive Media.
Jean-Paul Colaco
was the SVP for Hulu, LLC, and the SVP
for the Walt Disney Company.
Eric
Feng is the CTO for Hulu, LLC,
and a partner at Kleiner Perkins
Caufield & Byers.
Margaret C.
Whitman was a strategic adviser at Kleiner
Perkins Caufield & Byers, the SVP for the Walt Disney Company, and a director at DreamWorks Animation SKG Inc.
Obama to visit DreamWorks HQ
(Past Research for DreamWorks Animation SKG Inc.)
Thursday, November 21, 2013
Mellody L. Hobson
is the chairman for DreamWorks Animation
SKG Inc., and a member of the Commercial
Club of Chicago.
William
Wrigley Jr. II is a member of the Commercial
Club of Chicago, and was the chairman for the Wm. Wrigley Jr. Company.
Julie
A. Wrigley was an assistant to the president for the Wm. Wrigley Jr. Company, and a director at the E.W. Scripps Company.
Scripps
Networks Interactive Inc. is a subsidiary of the E.W. Scripps Company.
Kathleen
Brown is a member of the Commercial
Club of Chicago, the California state government governor Jerry Brown’s sister, and married to Van Gordon Sauter.
Van Gordon Sauter
is married to Kathleen Brown, and was
the president for CBS.
No comments:
Post a Comment