On Wed, Jun 14, 2017 at 1:49 AM, Mark Jeffries <[email protected]> wrote:
> > And let it be noted that Australia has never really taken to cable or > satellite--but has taken to streamers (9 million Netflix subscribers, 2.4 > million subscribers to the Fox-owned cable/satellite service Foxtel, which > enjoys a near-monopoly on the cord). Which means that only a fool can be > sure that Ten will be able to climb out of its quagmire intact and > successful. And could it happen in the U.S.? It could... > Of course it could happen here. There is nothing that makes a TV network immortal and we are going through a long term digital disruption of the business. We know everybody isn't rolling in money because of the brinkmanship that occurs every time a retransmission contract comes up for renewal with a cable company. But I don't think it would happen the same way. Each network is owned by a media conglomerate along with a number of cable channels. And the megaphone the network provides is added value to the media company. So a network is consistently losing money - okay, cut the budget. Either the situation corrects itself or a spiral ensues as the cut-rate shows bring in less revenue. If it's a spiral, affiliates get away ASAP and the media company can't keep it under wraps. Now they have to decide: spin off the TV network as a stand alone business or spin off the whole TV operation, cable channels and all. At that point a media company like Verizon or Amazon can pick it up for cheap and put some money into building it up again. Or a private equity firm can buy it and probably wring all the value out of it. Then we would see bankruptcy proceedings. It just would not have anything to do with the programs that are on the air or the other networks. -- -- TV or Not TV .... The Smartest (TV) People! You received this message because you are subscribed to the Google Groups "TV or Not TV" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/tvornottv?hl=en --- You received this message because you are subscribed to the Google Groups "TVorNotTV" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. For more options, visit https://groups.google.com/d/optout.
