Where the Money Is 10.07.2014
Industry Focus
The Motley Fool
4.6 • 854 Ratings
🗓️ 7 October 2014
⏱️ 9 minutes
🧾️ Download transcript
Summary
What's the deal with cable providers?! Consumer Goods analysts Sean O'Reilly and Nathan Hamilton discuss the ins and out of the cable industry.
Transcript
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| 0:00.0 | We're talking to everything cable today on the Consumer Goods Edition of Where the Money is. |
| 0:05.0 | Welcome to the show schools. |
| 0:10.0 | We've got Consumer Goods Analy, Sean O'Reilly joining us today. |
| 0:14.0 | How's it going Nathan? |
| 0:15.0 | It's good. We're going to talk cable, huh? |
| 0:16.5 | Dun, done. |
| 0:17.5 | Yeah, it's a topic, a very polarizing topic to say the least. |
| 0:21.0 | Just a little bit. |
| 0:22.0 | So getting at it it why do you believe |
| 0:24.0 | and why do you believe as a whole it is a polarizing topic why do people hate |
| 0:29.4 | their cable subscribers? Well on one hand you've got one to two hundred dollar month bills. |
| 0:35.4 | People aren't increasingly they're wanting to watch things when they want to |
| 0:40.1 | watch them vis-à-vis like Netflix so they aren't huge fans of waiting until you know |
| 0:45.6 | Wednesday at 8 o'clock for their favorite show to come around them. We got to sit through all these |
| 0:48.8 | commercials so on the one hand you've got this consumer trend towards choice and lower costs. |
| 0:55.0 | I mean Netflix costs $10 now, so this is like literally nothing next to a large cable bill. |
| 1:00.3 | And on the other hand, you've got the simple fact that, you know, 50, 60 years ago, how were we watching TV? |
| 1:06.2 | There were three networks, it was on a 12-inch screen, you may or may not have had color. |
| 1:11.8 | Like we've had these huge advancements to the point where you can get a movie that maybe just |
| 1:16.1 | came out on DVD on demand under television for $4 instantly. |
| 1:20.8 | Huge TV's awesome video quality so you've got these two competing things that are |
| 1:27.1 | going on here and that's really why it's so polarizing. |
... |
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