The CEO of one of the major cable operators in the United States believes that the bundling of cable TV services will eventually go away, reports our good friend Claire Atkinson in the New York Post.
Cablevision CEO Jim Dolan “believes the cable programming bundle will fall by the wayside thanks to advances such as Netflix,” Atkinson writes.
The story quotes Dolan saying: “As we start to see more [companies like] Netflix, they’ll siphon away from the bundle but you might see programming you like go away.”
“Dolan spoke as part of an Advertising Week panel on the changing face of marketing sports, music and movie stars,” the report notes. Dolan also runs MSG, which is Madison Square Garden. MSG owns the NBA team the New York Knicks.
For the quarter of the year ending June 30, 2014, Cablevision reported 3.1 million customers. Its average monthly cable revenue per video customer, the company said at that time, was $174.14. Cablevision primarily serves customers in the New York/Tri-State metro area.