Skip to main content

Traditional TV Must Become HDTV to Survive

In yet another of her very detailed interviews, itvt's Tracy Swedlow asks Eric Shanks, EVP Entertainment for DirecTV the ultimate question -- "Do you see broadband video on the Web as a threat to traditional television?"

His response regarding the consequence is a dire prediction, with the apparent antidote being a swift move to high definition programming.

Shanks: "Yes. I think that the Web is a real threat to certain cable channels if they don't really quickly go to HDTV. A lot of these basic pay TV channels definitely risk being marginalized by the Internet, because the Internet will offer increasingly compelling, and very watchable video. The difference that these cable channels can make in order to stay relevant with customers is to go to HDTV as soon as possible."

"I think that channels that are slow to go to HD are going to start to feel squeezed and to lose viewership sooner rather than later. HDTV is hugely important in that it's the biggest advantage that traditional broadcast infrastructures have over the Internet. I simply can't stress that enough. At DirecTV, we're trying to instill into programmers that the longer they wait to go to HD, the closer they are to being marginalized by the Internet. Basic cable channels have to go to high-def or they will die."

In other related news, industry analysts are closely monitoring DirecTV's planned capital investment to launch two more satellites next year, that will more than quadruple its capacity in the delivery of HD programming. The two satellites will provide the company with the ability to offer more than 150 national HD channels and more than 1,500 local HD channels. It's not yet clear how exactly they intend to fill that huge capacity with HD programming.

Popular posts from this blog

Banking as a Service Gains New Momentum

The BaaS model has been adopted across a wide range of industries due to its ability to streamline financial processes for non-banks and foster innovation. BaaS has several industry-specific use cases, where it creates new revenue streams. Banking as a Service (BaaS) is rapidly emerging as a growth market, allowing non-bank businesses to integrate banking services into their core products and online platforms. As defined by Juniper Research, BaaS is "the delivery and integration of digital banking services by licensed banks, directly into the products of non-banking businesses, commonly through the use of APIs." BaaS Market Development The core idea is that licensed banks can rent out their regulated financial infrastructure through Application Programming Interfaces (APIs) to third-party Fintechs and other interested companies. This enables those organizations to offer banking capabilities like payment processing, account management, and debit or credit card issuance without