Authentic scrambled reception on a TV screen

The Cable TV Industry Was Just Downgraded to Neutral By Barclays


Authentic scrambled reception on a TV screenToday was a very bad day for cable TV. Barclays today downgraded the whole cable TV industry to neutral. In their report, Barclays says their earlier more optimistic projects will likely come up $675 million short.

Barclays had been assuming a relatively static competitive market for cable TV, now with the growth of cord-cutting and cord-never they are changing their tone. According to Barclays that was “likely a misplaced assumption.”

As for the possibilities of new mergers and acquisition activity, Barclays believes that pretty much all the value that can be squeezed out of the cable TV sector already has. Barclays singles out Charter as a specific disappointment, which is subject also to a slowdown in broadband growth, competitive pay-TV market.

This is all bad news for pay-TV owners as most are publicly traded companies. With the world of cord-cutting growing and new live TV streaming services, it is becoming increasingly difficult for pay-TV providers to maintain the same market share they once had.

Source: FierceCable

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  • Jimmy757

    I love it lol…

    • Marc H

      Yay for less channels.

  • stumpy579

    When they say cable does that also include the satellite services? They are equals in their thievery and scumbaggery in my opinion and I wish them nothing but the worst.

    • Marc H

      Well I think if they disappear so will many channels and programs. And much of what we get will be cheaply made.

  • Andrew Stevenson

    Guess they’ll have to see what they can do to charge more for the internet pipes they provide that are used to access competing streaming entertainment services. Right in time for the FCC’s net neutrality vote.

  • Andrew Lindeman

    One word: Sad!

    🙂

  • Fred Koot

    They will get their money, don’t you worry

  • Barbara R

    Luke…You are so on top of things, and cover everything so quickly, and so well. There are other sites dealing with cord-cutting, but yours is far and away the best. I sometimes think that one other site in particular relies upon you as their primary source! I have learned things from your site that have made a real difference to me, and am using many of the resources I’ve discovered through you. Thanks so much — you are the best!

  • Teddy G

    snicker hehehehe. Hopefully 5G Internet, when it finally arrives and it’s hopefully affordable (fingers crossed), bye bye Cox Communications – C-Ya!

  • bellsfolly

    Awwwwwww…..*sniff*

    NOT.