Everyone seems to forget the fact that the satellites companies went through this when NFL Network first came out, and they quickly forked over the money to carry NFL Network.
They added it so their viewers could see it, price never went up, and price is still lower than the cable companies in my area.
Many are quick to blame NFL Network because they are going to charge the cable companies, just like they are charging the satellite companies. Every think for a minute that is just might be the big wigs at the cable companies that are more concerned with their bottom line than making the viewers happy?
News Corp has been willing to run Direct TV at little to no profit for years to increase marketshare. Murdoch doesn't care about making you happy, he cares about dominating global media.
Really???
http://www.lightreading.com/document.asp?doc_id=94146
http://www.bizjournals.com/losangeles/stor...06/daily35.html
The company added 160,000 net subscribers at its core U.S. unit in the third quarter, and gross subscriber additions were down nine percent. Average monthly churn rate was 1.8 percent, down from 1.89 percent in the year-ago period. Average monthly revenue per subscriber was $72.74, up from $68.65 in the year-ago period, due to DirecTV's targeting of consumers who are more likely to purchase extra services.
In the first nine months of the fiscal year, the company reported $10.6 billion in revenue, up from $9.6 billion in the year-ago period. Net income was $1.1 billion, or 83 cents a share, in the nine-month period, up from $214.7 million, or 15 cents a share, in the first nine months of fiscal 2005.
Considering their subscriber base barely grew, yet their profits quardupled, where exactly do you think they created all that growth? Could it maybe have been that they've been willing to run a little to no profit until 2006 to gain market share?
Considering my argument is historical, looking prior to say, 3 months ago might be helpful.
2003 1st
This has been a long term project, the most recent quarters are merely the payoff for patience.