This week Comcast’s CEO Dave Watson spoke at an investor conference and the topic of skinny bundles (i.e., Sling, Hulu, YouTube TV, etc) came up. According to Watson, Comcast has no plans to chase after cord cutters by competing with Sling TV, Hulu, PlayStation Vue, YouTube TV, and Philo.
“We’re simply not going to chase unprofitable video segments,” Watson said.
This is really no surprise as Comcast owns NBCUniversal and wants to get as much from it as possible. According to the analyst MoffettNathanson, “We suspect Comcast, by virtue of its ownership of NBCU, would try to preserve the status quo the longest.”
Comcast does have a limited streaming version. It is their very basic locals-only package that can be added to a Comcast Internet package.
According to Watson, Comcast still wants to be centered on a broadband and video bundle similar to what they are doing right now.
So, for now, Comcast seems happy with their current plan and has no interest in trying to compete with lower cost services that fight for cord cutters.
What do you think of Comcast’s plan? Leave us a comment and let us know what you think.
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