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In 2008, TWC spent roughly $1 billion on video content and only $33 million on high-speed data (30x more spent on content). So the infrastructure cost per subsc
by qeorge 17y ago
In 2008, TWC spent roughly $1 billion on video content and only $33 million on high-speed data (30x more spent on content). So the infrastructure cost per subscriber to TWC is negligible.
Also worth noting, TWC made about $2.7 billion off cable TV subscriptions, compared to $145 million from advertising. So while its true that they do "double dip", its fair to say that monthly subscriptions are paying the content bills, not advertising.
Source: TWC's 2008 SEC filing, available here: http://files.shareholder.com/downloads/TWC/629188992x0xS950144-09-3639/1377013/filing.pdf http://files.shareholder.com/downloads/TWC/629188992x0xS9501...