Kolek planning to go pro
Then what are all these "smart grid" commercials I'm seeing on the ol' Philco?
Major college sports has been mostly about money for decades now.
Buzz words and marketing spin.....smart grid isn't going to be an actual thing for at least another 5 years. And it's not being driven because it's good for the users, it's being driven because it makes it easier/cheaper for the utilities to continue using the existing infrastructure without replacing or building more.If Elon Musk gets his way....the grid will go poof, smart grid or not.
OK, not on this topic, but since when do we treat Elon Musk as some sort of future visionary who is all-knowing in these types of areas?
Wow, I'm very concerned for Benny. Being able to mimic Myron Medcalf's writing so closely implies an oncoming case of dementia.
This is such a unnatural carnal knowledgeing joke.
Isn't video just data? Those that build the pipes and control the pipes will deliver the data. Disney stock above $110 again. Great company.
Yukon, is there a chart that shows performance independent of how the market performed as a whole?
So in other words, Disney is performing pretty well despite the cord cutting?
If you think the alternative is nothing (cash in the bank) then it is performing pretty well. I would argue this is the wrong alternative, the correct alternative is the overall market, like the ETF SPY (S&P 500). That is why I use the ratio charts and they show Disney is not performing pretty well.If you invest, you should start by "owning the market" (SPY). After that make choices that will "beat the market." I believe Disney will not beat the market so it should be sold and "the market" bought in its place.Investing is not absolute, it is about competing alternatives.
Disney Q1 Revenue Weighed Down By ESPN StrugglesMedia networks reported a dip in revenue and profitFebruary 7, 2017 @ 1:09 PMhttp://www.thewrap.com/disney-q1-revenue-weighed-espn-struggles/Cable networks, particularly ESPN, have been an albatross on Disney’s stock price even as the company’s two other major prongs, movies and theme parks, continue to perform well. As cheaper TV alternatives began to proliferate, ESPN hemorrhaged subscribers during the course of 2016 and is now at less than 88 million, compared with a peak of 100.1 million in 2011. At an estimated $7 per subscriber, that dip has been a substantial hit to Disney, especially considering media networks made up 49 percent of Disney’s profits during fiscal 2016.At the same time, rights fees for the live sports ESPN specializes in broadcasting continue to go up, as there’s plenty of competition for one of the few pieces of programmed television that still delivers monster ratings. ESPN will pay $7.3 billion for content this year – the biggest price tag among all media companies. Operating income at Disney’s cable networks division — primarily ESPN — plunged 11 percent compared with the same time the previous year. Disney attributed that drop entirely to lower ESPN revenue.
One thing that needs to be repeated because it is always said wrong.Report after report talk about ESPN hemorrhaging subscribers. It is actually cable in general that is the problem. There is no standalone ESPN that people are cancelling. They are cancelling their cable contract and dragging ESPN (along with all other channels) with them.It is just more dramatic to go after eSPN. But FX, AMC, Comedy Channel, etc. are losing the same number of subscribers - it is just that they are never mentioned. NBO made the decision to offer its channel ala carte, so they are somewhat immune to the losses.I expect the same from ESPN before too long. Contracts will be re-negotiated where need be and it will get done.
100% correct on all of this.But remember that ESPN is the most expensive cable channel at $7/month. So ESPN (Disney) has the most to lose by cord cutting. And it is worth reminding everyone that every single person of those 88 million subscribers they have left, down from 100 million in 2011 (see a few post above) pay $7/month because ESPN is a "must have" on basic cable. The problem is the vast majority never watch it even thought they are paying for it. This is why cable bills are through the roof and everyone is cord cutting. Just today on Bloomberg TV an analyst said that if ESPN went totally streaming (via WatchESPN) it would have to charge $80/month to keep revenues the same (meaning about 10% of cable viewers value ESPN enough to pay a premium for it while the other 90% don't care). He said no one will pay $80/month of ESPN so they should expect revenues to continue to fall. ESPN is almost half Disney's revenues and this is why the stock is suffering. Half its revenues base is declining and Bob Iger (DIS CEO) cannot stop that.
So for those that care about ESPN (like everyone here) Wall Street estimates the $7/month we pay now (along with everyone else) has to rise to as much as $80/month given the universe of those that want it. Some think it might be $40 to $50.
Again, that is wrong.It only has to rise to $40 or $50 or $80 if EVERYBODY gets rid of cable. That is NOT going to happen.
Why? With gigabit and smart TVs, why keep cable?With Netflix, Hulu and Amazon producing original context, the "good stuff" isn't even on cable anymore.Old people (sweater vests) will because they are resistant to change. But they will die off soon.Besides young people don't even watch TV on some big screen on the wall. They watch it on their devices.Cable is going away. We are arguing about the time of death.
I am a parent of a 30-year-old and a 29-year-old. They do sometimes watch crud on their phones and tablets. But both have TVs, and both pay for cable (or DirecTV, I'm not certain). As do just about all of their friends.Like most of us, they don't want to watch a sporting event on a 5x2 inch cellphone screen; they want to watch it in HD on a 50- or 60-inch screen with surround sound.
If they have a smart TV, with one swipe on your phone, you can mirror with you're watching on the 60 inch TV in surround sounds. I do it all the time. Don't need $120/month DTV or Cable account.