Verizon FiOS TV Exec: Cord Cutting a Growing Trend

[dkreichen1968]

Q: Do you see the trend of cutting the TV cord and just streaming individual shows going away?

A: No, that trend is not stopping. It's growing. The question is: Is it growing enough for us? For us, it's a matter of cord-cutters versus cord-shavers — people who switch to smaller tiers. Is the migration to a-la-carte enough that we can go that route? It has a way more important impact that just on them. It impacts how we negotiate TV contracts with studios. It's not something we can do overnight, but definitely something we've been looking at.

Read More: Verizon chief cutting the cord on television | TBO.com

FIOS TV exec: Cord cutting is growing, and changing the TV biz — Online Video News

Note that both Verizon FiOS and AT&T U-verse experienced significant decreases in their rate of customer growth last quarter, and DirecTV experienced it's first quarterly loss. One thing I like about Verizon is their actual honesty about where the industry is headed. They also have a good reputation for good picture quality, and some of the best internet speeds (in the FiOS footprint).

Verizon FiOS 100% recyclable/biodegradable self-install pack for new and returning customers with an existing Optical Network Terminal.

 

[Thomas G]

Cord-shavers = People who downgrade their cable or satellite packages. I like that saying.