Cablevision Would Consider Dropping TV Services

Fee disputes between cable providers and broadcasters are rising

   

watching tv television cable 630 300x200 Cablevision Would Consider Dropping TV ServicesThe Internet may ultimately replace traditional cable TV service.

That forecast comes from none other than the James Dolan, CEO of Cablevision (CVC), who says “there could come a day” when his company just provides broadband service, leaving it to customers to subscribe to online content sources on their own. While analysts have suggested that subscription TV providers might one day shift entirely to offering broadband Internet service in lieu of a slate of channels, Dolan’s comments mark a rare concession by a cable executive of the Internet’s potential to radically alter the TV landscape, the Wall Street Journal notes.

hulu 630 200x200 Cablevision Would Consider Dropping TV Services
Hulu Calls Off Talks to Sell Stake to Time Warner Cable

Dolan admitted that when he watches TV with his children, he prefers to stream content from Netflix (NFLX). He noted that Cablevision was spending heavily to improve its network in order to carry increasing levels of broadband traffic.

Cable providers have increasingly clashed with broadcasters and media companies over transmission fees for the slates of channels they carry. Rival Time Warner Cable (TWC) is currently blocking CBS (CBS) channels over just such a dispute.

Shares of Cablevision rose modestly in Monday morning trading.


Article printed from InvestorPlace Media, http://investorplace.com/2013/08/cablevision-would-consider-dropping-tv-services/.

©2014 InvestorPlace Media, LLC

Comments are currently unavailable. Please check back soon.