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Internet service is a much higher margin business than television. I don’t see why Big Cable should want to stay in it, at this rate. 81% of the money TWC take
by wtmcc 12y ago
Internet service is a much higher margin business than television. I don’t see why Big Cable should want to stay in it, at this rate.
81% of the money TWC takes in video subscription fees they spend on video programming from Viacom, EPSN, HBO, etc. [1]
3% of the money TWC takes in broadband subscription fees they spend on high-speed data. [2]
These figures do not include infrastructure investments ($3.2 billion in 2013). [3]
[1] (4,782m+772m)/6,825m = .81. (http://ir.timewarnercable.com/files/doc_financials/Annual%20Reports/twc%20ar%202013.pdf http://ir.timewarnercable.com/files/doc_financials/Annual%20...)
[2] 175m/5,822m = .03. (Ibid)
[3] 3,198m. (Ibid)