Dashboard 9-29-23
Social Media Hits
A special congratulations to Esther Viles, a 46-year cable veteran, on her retirement! Most recently, Esther worked in the Lincoln Region of @MediacomCable but also served in various companies, communities and positions in her career. Esther, a war veteran, also served in the… pic.twitter.com/G7wwo8PKPl
— ACA Connects (@ACAConnects) September 27, 2023
My first six month renewal (note the lawyer). Thirty years later I'm still at it (thankfully without 6 month cycles).
I am grateful for all your wonderful expressions of support today on X which reminded me how lucky I am to be working for what is unquestionably the best… pic.twitter.com/2fD0F2Bbg6— David Faber (@davidfaber) September 28, 2023
CableLabs would like to extend a big round of applause to all of the 5G Challenge winners and participants👏 Make sure to learn more about the challenge and its winners in our latest blog post: https://t.co/weAX8MFbcn pic.twitter.com/XVAv0JhJkq
— CableLabs (@CableLabs) September 27, 2023
Research
(Source: TiVo Video Trends Report)
➢ The average number of streaming services used by consumers decreased from 11.6 in 4Q22 to 10.9 in 2Q23. Consumer spending has similarly declined from an average of $189/month to $170 over the last six months.
➢ Consumer video consumption is growing, from 4.4 hours a day in 4Q22 to 4.7 hours in 2Q23.
➢ The percentage of consumers who find out about new TV shows or movies from commercials has dropped 6% YOY. Word of mouth and recommendations from friends were the most common methods of discovery in Spring 2023.
➢ 28% of people who cut the cord later resubscribers to traditional TV for sports, live events and local programming.
Up Ahead
Oct 16: Cable TV Pioneers 57th Annual Banquet; Denver
Oct 16-19: SCTE Cable-Tec Expo; Denver
Oct. 19: FCC Open Meeting
Dec 6: Cablefax Most Powerful Women Luncheon; NYC
Quotable
“This lawsuit is fundamentally about protecting free and fair competition and the U.S. antitrust laws prohibit firms from using their monopoly power to punish or preclude or prevent competition and that’s what our lawsuit lays out and that is what Amazon has done… And what Amazon’s tactics have been about is once it self-achieved that scale, it’s been focused on tactics that deprive rivals of the ability to gain that similar critical mass of customers… Sellers have to inflate their price not just on Amazon but also across the rest of the internet and in practice, what that means is that if you had a platform or a retailer that was actually more efficient or that was actually more innovation, it would not actually be able to compete on price because of Amazon’s anti-discounting tactics…”
– FTC Chair Lina Khan on CNBC’s “Squawk Box” on the agency’s suit against Amazon for illegally maintaining its monopoly power