Comcast See No Threat From Internet TV
Internet tv not a threat to Comcast
Although viewers of internet tv are constantly growing, the Chief Operating Officer of Comcast does not see any threat from online tv at this time. Steve Burke was speaking in an interview at the All Things Digital conference and was bullish about the future of the tv landscape.
He said:- “The fact of the matter is, and it’s a little counter-intuitive … that quarter by quarter, year by year, the number of people subscribing to what we call multi-channel video, whether it’s satellite, telco, or cable, has always gone up. It’s never gone down.” He continued:- “there is very little evidence that people are giving up their subscription television.”
He concedes that video consumption will grow and new methods of delivery such as the iPad, Smartphones and Google TV will grow, he does not expect that those services will overtake the traditional pay TV services offered by Comcast and other cable providers. Instead, he said those services will remain complementary to what pay TV providers offer.
“It’s likely to be more devices, more things in more devices, but at the end of the day, it’s clearly in a program company’s interests to have a cable company or a satellite company or a telephone company paying them affiliate fees for their programming,” he said.
In essence he is saying that whilst premium channels cannot be accessed online, the cable and satellite companies will always run the show. And he is right, for now.
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