4/15/2024 0 Comments Tv channels choice spectrum![]() Industry experts - and at least one Charter executive - say the dispute opens up a new front in the ongoing battle between cable and satellite distributors and the programmers who own the networks. Surprisingly, executives at Charter affirmed last Friday they were willing to pay Disney's "market rates" for programming, as long as Disney sweetened the deal by including free access to its ad-supported streaming services for Spectrum TV customers and the flexibility of moving certain channels to various low-cost TV packages. Throughout the duration of his 45-minute appearance, Bakish emphasized the point that Paramount wants to reach TV consumers on whatever platform they use - whether that is traditional cable or streaming platforms, or some combination of the two.Ĭharter sees Disney carriage dispute as tipping point for video modelĪs is typically the case, the dispute started when Disney asked for higher fees in exchange for its linear TV channels. Bakish says company supports Charter’s push to modify pay TV model Paramount stopped offering an online-only version of Showtime this past summer. On Wednesday, Bakish also revealed that subscribers to Showtime will eventually be able to use the cable or satellite credentials to log in to Paramount+, though he didn't say when this will happen and whether those credentials will get subscribers access to all Paramount+ content. That has yet to fully happen, though some Paramount+ content has been broadcast on Showtime since the streaming rebrand.īakish says there are still plans in place to bring the Paramount+ brand name to the Showtime channels on cable and satellite in the near future. In addition to the streaming refresh and price increase, Paramount outlined plans to rebrand Showtime on cable and satellite to reflect the Paramount+ integration. ![]() Paramount+ reaches 56M subscribers, details price hike with Showtime integration So, that proves we have pricing power in the marketplace." And the fact of the matter is, we're not seeing that. "There was some question as to whether it would adversely affect churn in a significant way, in bringing down subscriber acquisition. ![]() "The whole industry has been raising prices, and we just effectuated our first price increase, and it is very much performing according to plan," Bakish affirmed. Speaking at the Goldman Sachs Communacopia & Technology Conference on Wednesday, Paramount CEO Bob Bakish said a recent price increase that followed the integration of Showtime content into Paramount+ resulted in lower subscriber churn than anticipated, which gave the company confidence that it has price elasticity in what has become a saturated streaming TV marketplace. Paramount Global will again raise the price of its general entertainment streaming service, Paramount+, as it seeks to further capitalize on Paramount's vast content library and live sports deals, the company's top executive affirmed on Wednesday.
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