NEW YORK -- The success of cable networks and operators largely will depend on their ability to use the on-demand platform over the next several years, and networks should focus on investing in high-quality programming, according to a cable industry report set to be released today by PricewaterhouseCoopers. "TV is moving to an on-demand world, where consumers can pull up the type of content they want rather than having it pushed at them," said Peter Winkler, director of the entertainment and media practice at PricewaterhouseCoopers, describing the vast changes the next five to 10 years will bring. As for video-on-demand, the report forecasts that cable-operator revenue from on-demand will grow at an average annual rate of 18.5%, from $720 million in 2003 to $1.7 billion in 2008.
- 1/23/2005
- The Hollywood Reporter - Movie News
NEW YORK -- The success of cable networks and operators largely will depend on their ability to use the on-demand platform over the next several years, and networks should focus on investing in high-quality programming, according to a cable industry report set to be released today by PricewaterhouseCoopers. "TV is moving to an on-demand world, where consumers can pull up the type of content they want rather than having it pushed at them," said Peter Winkler, director of the entertainment and media practice at PricewaterhouseCoopers, describing the vast changes the next five to 10 years will bring. As for video-on-demand, the report forecasts that cable-operator revenue from on-demand will grow at an average annual rate of 18.5%, from $720 million in 2003 to $1.7 billion in 2008.
- 1/23/2005
- The Hollywood Reporter - Movie News
NEW YORK -- The Comcast-Disney saga and the recent takeover of satellite TV giant Hughes Electronics by News Corp. have cast the Wall Street spotlight on the nation's No. 2 satellite firm, EchoStar Communications, with some observers predicting that increased competitive pressures on the company may force it to become a participant in the industry's consolidation game over the medium term. However, others point to founder and CEO Charlie Ergen's reputation as a loner and rebel, saying EchoStar is more likely to continue to fight the entertainment giants as a savvy independent company. Since the Hughes-News Corp. deal, "many companies have been looking to see how they should best react" to the ever-changing industry dynamics, said Peter Winkler, a managing director in the entertainment and media practice at consultancy PricewaterhouseCoopers. "And we expect to continue to see selective consolidation in the industry, especially as the bigger cable operators continue to bulk up." An EchoStar spokesman declined comment Tuesday on the company's future.
- 2/17/2004
- The Hollywood Reporter - Movie News
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