TV providers look to external subscribers
Darken a shade or two of cable TV industry Thursday after a flood of earnings reports, participants showed losses across the board.
Astral Media Inc. and Corus Entertainment Inc., owner of the profitable and popular pay-TV networks such as HBO Canada and Movie Central, reported unexpectedly large drop in the third quarter ended May 31
Meanwhile one of the TV distribution partners, Cogeco Cable Inc., TV subscription posted losses. And further evidence - in making an enviable profit drop separate proof that the cable seems to go on prime time, says the market spectators.
Stand instead of stable revenue and margin expansion cable operators once enjoyed almost automatically have a long conversation - and it turns out - scrap for market share, now in their first rounds.
Cogeco, the country's fourth largest cable operator, lost nearly 5,000 basic subscribers in the last quarter, as a period of Louis Audet, Cogeco boss, the beginning of a "new phase competitive."
Analyst pegs the main reason for the decline of Bell Canada Inc. 's new Fibe TV service. Bell, already a major satellite provider may, for the introduction of a new IPTV (Internet Protocol Television), which the cable in densely populated urban areas are concentrated. Already the application of heat to Rogers Communications Inc. and Quebecor Media Inc. in Toronto 's Videotron in Montreal, has now begun to affect Bell Cogeco, which is dominant in the cities between Windsor and Quebec City last.
"The battle belongs to the past and will never," Mr. Audet said on a conference call. "It is good, the consumer wins."
All major Canadian forced "cablecos" to respond to the threat of IPTV from Bell and Telus Corp. in Western Canada, Shaw Communications Inc. weathered a bruising attack on optic TV service Telus', currently in the fifth of the market Alberta and British Columbia in recent quarters.
But the traditional cable-business customers who are facing the Internet for programming, with a question from a number of players, including new entrants filled content providers such as Netflix, Inc.
The disruptive threat of online distribution is the only TV distributors, such as Cogeco, Rogers and Bell and the channel owners like Astral and Corus, which see their bases by change in demand.
In the eastern part of the country, said it lost 22 000 astral HBO Canada / The Movie Network customers from the second to the third quarter. In the west, throwing Corus Movie Central / HBO Canada, operates 13,000 subscribers.
On a year-over-year basis, said Corus Movie Central, which the base is 4.8% to 975 000th Astral is 1.5% to 1.847 billion customers. Leaders for each media company said that the upcoming launch of a new HBO "GO" service must flow and programs online to wireless devices in combination with new initiatives with a turnaround ignite pay TV.
"We believe we have the right strategies to return to a steady growth pace," said Doug Murphy, President of Corus Television, told a conference call. Ian Greenberg, CEO of Astral, the clock was sold for $ 3.38 billion, an analyst pointed questions about whether the weakness came from the online competition.
In the eastern part of the country, said it lost 22 000 astral HBO Canada / The Movie Network customers from the second to the third quarter. In the west, throwing Corus Movie Central / HBO Canada, operates 13,000 subscribers.
On a year-over-year basis, said Corus Movie Central, which the base is 4.8% to 975 000th Astral is 1.5% to 1.847 billion customers. Leaders for each media company said that the upcoming launch of a new HBO "GO" service must flow and programs online to wireless devices in combination with new initiatives with a turnaround ignite pay TV.
"We believe we have the right strategies to return to a steady growth pace," said Doug Murphy, President of Corus Television, told a conference call.
Ian Greenberg, CEO of Astral, the clock was sold for $ 3.38 billion, an analyst pointed questions about whether the weakness came from the online competition.
"We believe that our pay TV subscribership is completely identical to last year at the end of the fourth quarter - which means we have a victory to Accom-violet to blue, garden," said the leader. "Last year in the fourth quarter, we lost subscribers. This year we expect to increase the subscribers."
Leaders of each of a soft advertising market also weighed on the sale, but Corus CEO John Cassaday said his company increased sales in recent weeks. Despite the profits under pressure will Astral and Corus have margins in the third quarter.
Cogeco reported better than expected results, supported in part by the growth of Internet services.
But it lowered its subscriber growth forecast for the year relating to a "combination of the category term, competitive bids and the tightening of credit conditions, controls and processes."
Astral Media Inc. and Corus Entertainment Inc., owner of the profitable and popular pay-TV networks such as HBO Canada and Movie Central, reported unexpectedly large drop in the third quarter ended May 31Meanwhile one of the TV distribution partners, Cogeco Cable Inc., TV subscription posted losses. And further evidence - in making an enviable profit drop separate proof that the cable seems to go on prime time, says the market spectators.
Stand instead of stable revenue and margin expansion cable operators once enjoyed almost automatically have a long conversation - and it turns out - scrap for market share, now in their first rounds.
Cogeco, the country's fourth largest cable operator, lost nearly 5,000 basic subscribers in the last quarter, as a period of Louis Audet, Cogeco boss, the beginning of a "new phase competitive."
Analyst pegs the main reason for the decline of Bell Canada Inc. 's new Fibe TV service. Bell, already a major satellite provider may, for the introduction of a new IPTV (Internet Protocol Television), which the cable in densely populated urban areas are concentrated. Already the application of heat to Rogers Communications Inc. and Quebecor Media Inc. in Toronto 's Videotron in Montreal, has now begun to affect Bell Cogeco, which is dominant in the cities between Windsor and Quebec City last.
"The battle belongs to the past and will never," Mr. Audet said on a conference call. "It is good, the consumer wins."
All major Canadian forced "cablecos" to respond to the threat of IPTV from Bell and Telus Corp. in Western Canada, Shaw Communications Inc. weathered a bruising attack on optic TV service Telus', currently in the fifth of the market Alberta and British Columbia in recent quarters.
But the traditional cable-business customers who are facing the Internet for programming, with a question from a number of players, including new entrants filled content providers such as Netflix, Inc.
The disruptive threat of online distribution is the only TV distributors, such as Cogeco, Rogers and Bell and the channel owners like Astral and Corus, which see their bases by change in demand.
In the eastern part of the country, said it lost 22 000 astral HBO Canada / The Movie Network customers from the second to the third quarter. In the west, throwing Corus Movie Central / HBO Canada, operates 13,000 subscribers.
On a year-over-year basis, said Corus Movie Central, which the base is 4.8% to 975 000th Astral is 1.5% to 1.847 billion customers. Leaders for each media company said that the upcoming launch of a new HBO "GO" service must flow and programs online to wireless devices in combination with new initiatives with a turnaround ignite pay TV.
"We believe we have the right strategies to return to a steady growth pace," said Doug Murphy, President of Corus Television, told a conference call. Ian Greenberg, CEO of Astral, the clock was sold for $ 3.38 billion, an analyst pointed questions about whether the weakness came from the online competition.
In the eastern part of the country, said it lost 22 000 astral HBO Canada / The Movie Network customers from the second to the third quarter. In the west, throwing Corus Movie Central / HBO Canada, operates 13,000 subscribers.
On a year-over-year basis, said Corus Movie Central, which the base is 4.8% to 975 000th Astral is 1.5% to 1.847 billion customers. Leaders for each media company said that the upcoming launch of a new HBO "GO" service must flow and programs online to wireless devices in combination with new initiatives with a turnaround ignite pay TV.
"We believe we have the right strategies to return to a steady growth pace," said Doug Murphy, President of Corus Television, told a conference call.
Ian Greenberg, CEO of Astral, the clock was sold for $ 3.38 billion, an analyst pointed questions about whether the weakness came from the online competition.
"We believe that our pay TV subscribership is completely identical to last year at the end of the fourth quarter - which means we have a victory to Accom-violet to blue, garden," said the leader. "Last year in the fourth quarter, we lost subscribers. This year we expect to increase the subscribers."
Leaders of each of a soft advertising market also weighed on the sale, but Corus CEO John Cassaday said his company increased sales in recent weeks. Despite the profits under pressure will Astral and Corus have margins in the third quarter.
Cogeco reported better than expected results, supported in part by the growth of Internet services.
But it lowered its subscriber growth forecast for the year relating to a "combination of the category term, competitive bids and the tightening of credit conditions, controls and processes."
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