Not surprisingly, we can now count DirecTV CEO Mike White among those who oppose Comcast’s proposed Time Warner Cable acquisition. During the pay TV provider’s earnings call on Thursday afternoon, White was asked to share his feelings on the merger that would see two of the country’s largest TV and Internet providers merge into a single giant. According to an account from The Wall Street Journal, White said that the deal would create “unprecedented media concentration in one company,” and the combined entity would have an “effective monopoly” in two-thirds of the United States. Dish chairman Charlie Ergen had previously said that there would be some benefits to the Comcast-TWC merger, but he expressed doubt that regulators would ever approve the deal.
It’s sad that many of us have come to dread election years since it means we’ll get bombarded with nonstop propaganda telling us to vote for a particular candidate or to vote a particular way on a given ballot initiative. Political consultants don’t think that we get enough such ads every two years, however, and that’s why they’re working on ways to make sure we see more ads that are targeted toward our specific political beliefs. More →
Pay TV service providers are among a few groups of companies that customers love to hate, and sometimes they go out of their way to remind us why. As families across the country come together to celebrate the holidays, satellite TV giants Dish Network and DirecTV are wishing them a Merry Christmas by hiking the cost of their service plans. In line with years past, both companies have confirmed that they will raise the prices of various television packages and increase service fees as well.
The increases come at a time when “cord cutting,” or canceling pay TV service in favor of online video streaming services, is becoming an increasingly common trend — to the point where cable companies are producing awful, awful anti-cord cutting campaigns as a last-ditch effort to win back lost subscribers and prevent current customers from leaving. More →
A Hulu sale is imminent and DirecTV is the likely victor, according to multiple unnamed sources speaking to Pando Daily. This would be possibly the best case scenario for a strong Hulu move towards original content creation. DirecTV is a behemoth with 20 million subscribers and annual revenue of roughly $20 billion. It could easily afford to launch an aggressive slate of Netflix-type original programming, even if hiring marquee names would push the cost of a limited series to $100 million a pop. More →