Comcast Goes All In On Cord Cutting But Misses The Big Picture

Comcast, the country's largest cable provider, just admitted what everyone already knew...pay TV is dead and streaming is the future.

First they launch their own "network" Peacock and then they sign a deal with movie theater giant AMC.

Here is the BIG PICTURE.

Comcast owns the pipe that feeds into your home. They control EVERY bit and byte that every device of yours sees.

After all, they know more about you than Google and Facebook.

The question is, will they monetize it before the telcos, or before Google/Amazon/Musk create a new network?

Cable Cord Cutting Close

The cable industry is pulling an about-face on the issue of a la carte programming, due to increasingly expensive content rights and a weakening economy making bundles of network programming less affordable for the average consumer.

Full Story from GigaOm





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