> Not sure what the old media hacks are trying to accomplish here.
They're trying to keep their channels artificially expensive and trying to limit the success of (previously) less expensive TV channel platforms like YouTube TV. They don't want to give ground on that, because if they do then it's a big freefall down to what the real value of their channels are.
They make an enormous amount of cartel-capture money from the high cost subscription services like traditional cable and DirecTV. In their ideal world, absolutely nothing would change about that (other than prices always going up over time).
They have lost almost 4 million subscriber this year. And streaming companies, such as YouTube TV, have also lost subscribers. So these people just stopped.
I suspect a fair number of people just don't care about TV as much as the experts thought. Netflix plus Amazon Prime and a season pass of Dr. Who is about all I can watch anyhow.
They're trying to keep their channels artificially expensive and trying to limit the success of (previously) less expensive TV channel platforms like YouTube TV. They don't want to give ground on that, because if they do then it's a big freefall down to what the real value of their channels are.
They make an enormous amount of cartel-capture money from the high cost subscription services like traditional cable and DirecTV. In their ideal world, absolutely nothing would change about that (other than prices always going up over time).