Comcast has millions of people that pay them 100's of dollars a month for services rendered and in some cases they have zero competition. People don't have to travel to make comcast money, just sit on their couches. But they'll be gone soon enough, TV and internet are just a passing fad, after-all.
Remember Blockbuster?
If you don't, they
were a video rental chain that dominated the video rental market. Sure, you had a couple other video rental chains up and about, but Blockbuster in their hey-day dominated.
Then Netflix came about, did the same thing, but they were cheaper, better, had as good a selection, the only thing different in their business model was you had to wait for your movies in the mail, but guess what, people didn't care.
Blockbuster did nothing about Netflix and when they did it was too late. People got tired of late fees.
Netflix was king for a couple years and got arrogant and tried to change the way they do business and expected the public to follow suit.
The public said, "Hey, whats that red box in my supermarket? Wow, they have movies and games, the newest releases..."
My point is, and Iam sure someone will try to use my analogy towards the theme parks but will not be as clever unfortunately, but the point is, something better is always right around the corner and the world of cable television is hampered by just what they show on their channels, like say programming from, oh, let me guess, Disney?
ESPN?
What would happen if Disney told Comcast they could no longer have ESPN as a channel? How many people would dump Comcast? Comcast is only a cable provider, and based on the fact they win worst customer service awards year in year out, it kind of makes you wonder how long they can actually be effective in that capacity. So much so, I know of absolutely no brokers who would recommend Comcast as a long term investment. If you know of one, let me know mmmk? Still think those same people paying 100's a month will keep paying that without the channels Disney provides?
Sadly, and I know this hurts some people for some odd reason, Comcast can only survive by what Disney gives them, and if Disney decides to take those scraps away, it just don't matter how many phases of Potter there will be in Universal Orlando. Disney holds all the cards here, like it or not.
But then again, this scenario has not happened yet...Wonder if it has been thought about...
Jimmy Thick-
Charter for me thank you.