The future of cable may be no TV at all, as one small company from Arizona shows
Cable One CEO Julie Laulis said bundling TV with internet is not a particularly effective method to hold on to customers. That's because people aren't canceling internet to begin with. As a result, offering bundled video wasn't really moving the needle one way or another. "We don't see bundling as the savior for churn," Laulis said. "I know that we don't put time and resources into pretty much anything having to do with video because of what it nets us and our shareholders in the long run.
- A small cable company called Cable One is actively helping clients move away from their own video service.
- Cable One's shares have soared as they shed video customers and rely on broadband subscribers.
- Broadband is a higher-margin business than TV, which has become a near-term net loser for new bundlers of programming, such as YouTube TV.
Cable One CEO Julie Laulis said bundling TV with internet is not a particularly effective method to hold on to customers. That's because people aren't canceling internet to begin with. As a result, offering bundled video wasn't really moving the needle one way or another. "We don't see bundling as the savior for churn," Laulis said. "I know that we don't put time and resources into pretty much anything having to do with video because of what it nets us and our shareholders in the long run.