Comcast: TV Everywhere out of beta next month; Cord cutting a myth
Summary: Comcast CFO Mike Angelakis said that the company will soon be on the offensive for online video and said that so-called cord cutting---consumers that give up cable TV for the Internet---remains rare.
Comcast CFO Mike Angelakis said that the company will soon be on the offensive for online video and said that so-called cord cutting---consumers that give up cable TV for the Internet---remains rare.
Speaking at the Goldman Sachs Communacopia XIX conference, Angelakis said detailed the company's TV Everywhere plan. TV Everywhere refers to an effort to bring your cable channels to multiple screens via the Internet. For the cable industry, this effort is the answer to Hulu, YouTube and Netflix among others.
Here's what Angelakis said when asked about whether Comcast was playing offense or defense with TV Everywhere:
TV Everywhere, which we are calling Xfinity online TV, will be relaunched next month (and is) clearly offensive. Our goal is to provide our customers with the content that they want anytime, anywhere. And that includes as we launch different services with Xfinity and what we call Project Cavalry All-Digital -- that's all somewhat connected.
And the goal really is to provide our customers with the content that they want, where they want it and, frankly, provide them with as much as they want so they don't feel they need an alternative. We think that we have a great value proposition on the video side. It will evolve. It will mature in terms of how we innovate that product, whether it's online, whether it's on linear or whether it's VOD or ultimately possibly wireless. So I think we are very focused on how do we surround the customer in a way that makes not only their -- so they have lots of choices.
However, Angelakis made it sound like cable doesn't really have to keep people from perusing alternatives. On cord cutting, he said:
When people say there's cord cutting, we really just don't see it. And when we think about cord cutting or the flavor of the day, we look at that as primarily competition to our VOD business, not to our core business.
Related:
- Comcast exec: NBCU deal will accelerate 'anytime, anywhere television'
- Comcast CEO Brian Roberts gives Netflix its due
- Comcast: Broadband subs hurt by fiber-optic rivals, economy
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Talkback
RE: Comcast: TV Everywhere out of beta next month; Cord cutting a myth
With the internet and the availability of almost all shows on the internet (Unnatural History HD is one I download), you would be STUPID to keep a cable TV membership today.
Satellite? Since it's INFINITUDES cheaper? That I would go for!
If Comcast and other cable companies want people to keep on using their services, they are going to have to? LOWER PRICES!
RE: Comcast: TV Everywhere out of beta next month; Cord cutting a myth
A cable box interface is more natural than an HTPC for watching TV. Although I've been considering the same thing, I haven't quite pulled the trigger yet. I think football is forcing me to delay. May have to get some rabbit ears.
RE: Comcast: TV Everywhere out of beta next month; Cord cutting a myth
RE: Comcast: TV Everywhere out of beta next month; Cord cutting a myth
Don't buy into the DTV antenna hype - rabbit ears will work just fine!
RE: Comcast: TV Everywhere out of beta next month; Cord cutting a myth
I'm also not the kind of guy who cares about commercials, but I do like them when they introduce me to a new show.
Haven't had conventional cable TV for two years
RE: Comcast: TV Everywhere out of beta next month; Cord cutting a myth
RE: Comcast: TV Everywhere out of beta next month; Cord cutting a myth
RE: Comcast: TV Everywhere out of beta next month; Cord cutting a myth
Benefits of a Cut Cord: Geography
RE: Comcast: TV Everywhere out of beta next month; Cord cutting a myth
RE: Comcast: TV Everywhere out of beta next month; Cord cutting a myth
RE: Comcast: TV Everywhere out of beta next month; Cord cutting a myth
Streaming content? Har. I live in dial-up country.
I could get a DBS, but really... if there is a show I want to see that badly I'll just pay for it by the year (Blu-Ray). It's cheaper than carrying a month-to-month cable or DBS subscription, frankly.
I watch about 15 hours of TV every week. And honestly, that's too much. Who really needs VOD?
RE: Comcast: TV Everywhere out of beta next month; Cord cutting a myth
None of this is true
The bandwidth required for shows unburdened with the cable companies encoding is less. If it's using a standard encryption, it's much less. As multicast improves with chip speeds, and comes down in price, the bandwidth burden on their regular "broadcast" networks should decrease, yet you don't see their prices going down. Broadcast is an extremely inefficient means of transmitting any data. There is a reason it is increasingly constrained and eliminated in data networks. Broadcast is a relic from another era.
Cable is not better quality. Cable "HD" offers at most 720p. You can stream better than that from YouTube.
I do love DVRs, but where can you get one that will decode digital cable besides TiVo, which is a very weak platform?
RE: Comcast: TV Everywhere out of beta next month; Cord cutting a myth
Finally dumped cable
We still watch about 10 hours of TV a week via Netflix and Hulu+, at a total cost of only $30/mo. If they get more expensive I'll dump them too... TV is only borderline useful anyway.
It's easy to cut the cord!
My family and I have found ourselves watching less mindless television. We don't watch TV simply "because it's there" any more, we watch only what we really enjoy watching. Our family spends more time talking and playing games with each other, which makes us much better off as a result.
I think this whole country could use a little less TV in our lives.
Lying about cord cutting!
RE: Comcast: TV Everywhere out of beta next month; Cord cutting a myth