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Research

➢ Nearly two in10 survey takers expected to add a streaming service through June. Just one in 10 planned on dropping one.

➢ When asked which streaming service they were likely to add, traditional Hulu topped out at 6% of the total base, followed by Netflix, Disney+ and Amazon Prime Video.

➢ Among the list of AVOD services provided, 20% of survey takeys were most likely to try network TV web sites followed by Crackle (18%), The Roku Channel and Facebook Watch (17% each) and Pluto TV (14%).

(Source: Kagan COVID-19 Effects on Consumer Media Consumption Survey)

Quotable

“On March 17th, we issued an 8-K saying we felt that the impacts of the crisis would be material. And they will be. What I’ll say is that they’ll be material but short-lived. Yes, we’ve got… about 75% of our stores closed. And that has an impact, of course. A major one on sales. But so does the rest of the industry. And in the grand scheme of things, if it’s a few weeks or some low single digit of months where we’re prioritizing the safety of our customers and our people, that’s something we’re well-positioned to get through. You know, this is a recurring revenue business and where people have an ongoing subscription. And we’re the value player in this market. So, we’re here to serve them. We think over the long haul… nothing in our thesis is changed. And the potential we’ve been talking about on the merger is as exciting as ever.

— T-Mobile CEO Mike Sievert talking with CNBC on COVID-19 and the T-Mobile/Sprint merger

The Daily

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Effros: Not So Fast

Two news items this week caught my attention. In both cases it seems to me that folks are, as they say, “…getting a little ahead of their skis.”

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