U.S. smartphone and mobile device users in the 25-34 year-old age group log appox. 75 hours of mobile app usage per month, spending more time on apps than those who are 35-54 years old and those who are 55+. 25-34 year-olds have a greater likelihood of owning tablets ( some 48% market penetration among mobile users). Source: comScore 9/15/14.

Satellite-Cable-Telco Subscribers
Company/Industry 2009 2010 2011 2012 1 yr. 3 yr.
(millions of subs)         Sub. Change
Comcast 23.559 22.790 22.331 21.995 -336 k -1,564 k
DirecTV 18.125 18.837 19.532 19.764 232 k 1,639 k
Dish 14.100 14.133 13.967 14.056 89 k -44 k
Time Warner Cable 12.859 12.422 12.061 12.218 157 k -641 k
Cox 6.200 6.150 6.090 6.000 -90 k -200 k
AT&T 2.500 3.373 4.144 4.856 712 k 2,356 k
Verizon 2.750 3.472 4.173 4.726 553 k 1,976 k
Charter Cable 4.824 4.520 4.314 4.158 -156 k -666 k
Cablevision 3.063 3.314 3.250 3.197 -53 k 134 k
Totals 87.980 89.011 89.862 90.970 1,108 k 2,990 k
Cable TV (5 MSOs) 50.505 49.196 48.046 47.568 -478 k -2,937 k
Satellite 32.225 32.970 33.499 33.820 321 k 1,595 k
Telco 5.250 6.845 8.317 9.582 1,265 k 4,332 k

Is Cord-Cutting A Myth? Do The Math!

By Paul Kagan - April 23, 2013

The popular image of "cord-cutting" - movement of interest from cable TV to online viewing--has been misread from the beginning. Reports of cable TV subscriber losses miss the fact that satellite and telephone companies built their own "cords." So, despite the advent of Netflix, Hulu, YouTube and other online providers, over the last three years (2010-2012) cable, satellite & phone operators - each of them "cords" with monthly contract fees - added a total of 3 mil. net new subscribers (see table above).

Concerns that a shift from TV to the internet have put incumbent carriers on a downward - perhaps fatal - path are way over the top (pun intended). Print critics in newspapers, magazines and online (veteran cynics of wired TV) have conjured a mass movement to online video, an opinion that helps them promote their own ventures.

As the table above shows, the nine largest "cords" (cable, satellite and telephone providers) - had 91 mil. subscribers at year-end 2012, up 3 mil. from 2009, when cord-jumping fever settled in. The biggest gainers on the list were AT&T (+2.36 mil.), Verizon (+1.98 mil.) and DirecTV (+1.64 mil.). And in 2012 alone, the big telcos added 1.265 mil. subs, Satellite gained only 321K and cable gave up 478K. (Note: for this analysis, I used data from only the five largest cable MSOs. But research indicates similar percentage performance deeper into the list.

The data above are not my estimates; they were reported by the companies. It's clear that, despite populist fears of cord-cutting, the nine largest video distributors signed a net new 3 mil. subscribers over the last three years while pundits accused them of losing audience to internet video newcomers. The new online networks surely are building their own followings, but they have a long way to go to be full competitors.

One of the biggest obstacles for the newbies is their own chronology. People aged 20-35 today - the primary cord-cutters--will lead different lives as they mature, when work and family responsibilities will have greatly changed. The economics of time and taste will find big screens on walls everywhere, and family viewing may well have a renaissance. Indeed, Google Fiber - for one - is counting on it. The search giant is planning to overbuild the nation with a gigabyte network designed to compete head-on with its cable/telco predecessors, while bowing to the needs of this generation's heavy downloaders.

Google clearly got the idea from the original cable guys, whose revenue comes primarily from video content but whose profit depends largely on similar access to the internet. Let the upgrading begin.




© 2013 PK Worldmedia, Inc.   All rights reserved.

Dow Reaches New All-Time High; Fed Won't Raise Interest Rates Any Time Soon

 

By Catherine Hertzberg 
- September 17, 2014
 

  Stocks made modest gains as the Fed confirmed it will not raise interest rates as soon as previously expected. The Dow hit a record intraday high of 17,221.11 before closing up 25 pts. at 17,157. The S&P 500 rose 3 pts. to 2,002.

  Sony plunged 7% in 8x avg. trading after warning it will report a much bigger loss than expected for the fiscal year ending in March. It also said it will not pay a dividend this year.

   Zynga added 4% on twice avg. volume after announcing further details on its new mobile game, "Looney Tunes Dash," created through a partnership with Time Warner's Warner Bros.

   Dish Network was up 2% after renewing its multi-year contract with Scripps Networks Interactive. Dish will continue to offer all of Scripps' channels to its subscribers. SNI closed flat in lighter-than-avg. trading.

   Satellite TV, up 19% YTD is at a new all-time high of 75.86.

 

 Indices  9/16  9/17  %YTD 
 Video Gaming 12.54 12.38 34.8 
 Internet Content 58.10 58.15 23.1 
 Fiber Optics 2.57 2.59 22.3 
 Consumer Elec. 84.16 84.01 20.1 
 Satellite TV 75.26 75.86 19.3 
 Towers 335.53 336.40 18.7 
 Home Video 247.90 247.02 18.2 
 DJ Utilities 558.05 556.72 13.5 
 Telco 42.31 42.65 13.5 
 NASDAQ 100 4,067.27 4,073.57 13.4 
 Digital Life 535.56 535.77 11.5 
 Cable MSO 71.45 71.56 10.1 
 NASDAQ 4,552.76 4,562.19 9.2 
 S&P 500 1,998.98 2,001.57 8.3 
 Publishing 80.80 80.95 6.7 
 Wireless Tech. 13.52 13.55 5.7 
 Movie Theaters 13.95 13.92 5.3 
 Broadband Tech. 21.14 21.13 4.1 
 3D 33.97 33.96 3.7 
 Dow Jones Avg. 17,131.97 17,156.85 3.5 
 Social Media 117.45 116.72 1.3 
 Motion Pictures 37.45 37.29 0.5 
 Internet Media 123.15 123.13 0.0 
 Russell 2000 1,150.97 1,153.89 (0.8) 
 Global Cable 118.03 117.33 (2.0) 
 Global Wireless 86.32 85.63 (5.4) 
 Advertising 95.18 94.83 (6.4) 
 Wireless Prov. 27.71 27.77 (9.2) 
 Television 102.21 102.30 (9.9) 
 Interactive TV 21.07 21.01 (14.7) 
 Radio 15.47 15.61 (17.1) 
 Satellite Networks 51.07 51.10 (18.7) 
 © 2012 PK Worldmedia, Inc. All rights reserved.