Podcast #1151: Could Venu Sports Put Cable TV Out of Business?
Manage episode 419930107 series 3526069
On this week’s show TCL introduces new TVs and Soundbars for 2024 and can the newly named Venu Sports streaming service make cable operators obsolete? We also read your emails and take a look at the week’s news.
News:
- Sports Streaming JV Gets a Name, Venu Sports
- Netflix Will Stream Two NFL Games This Christmas Day
- Panasonic Selects TiVo TVOS to Power Its Mid- and Entry-Level Smart TVs
- Sonos AceComcast Prices StreamSaver Bundle at $15 a Month
Other:
TCL Launches 2024 Home Theater Lineup With Multiple TV And Sound Bar OfferingsTCL is expanding its offerings for 2024 with the launch of an expansive TV and soundbar portfolio. The new releases include TV and sound bar models for multiple price points. The new TCL TV lineup aims to provide a home theater solution for virtually every need across its Smart S Class and QLED Q Class, along with an expanded range of sizes from 32″ to 115″. Full Article here…
TCL Q Class Smart TVTCL’s new Q Class Smart TV models utilize Quantum Dot technology featuring UltraWide Color Gamut for enhanced QLED color. The TCL Q Class includes the Q65, Q68, QM7 and QM8 models, including three new 98” TVs and the world’s largest QD-Mini LED TV. While TCL’s 98″ TV offerings can satisfy virtually any cinephile or sports enthusiast, the 115″ QM89 is TCL’s top-of-the-line QD-Mini LED TV for those looking to create or upgrade their theater room with an elevated viewing experience.
The S Class family of smart TVs include the S2 and S3, which will carry over into 2024’s lineup. New to this year is the S5, which includes TCL’s AiPQ Processor for enhanced image processing. Additionally, 55″+ S Class models feature Game Accelerator 120 for 120 VRR gaming.
TCL Q Class Sound Bar: High Quality Home Theater
The Q Class is TCL’s premium sound bar family, supporting Dolby Atmos for high-quality home theater audio. The Q75H is a 5.1.2 sound bar featuring built-in side surround speakers, while the Q85H is a 7.1.4 sound bar that adds wireless rear speakers, incorporating rear Dolby Atmos up-firing drivers.
TCL S Class Sound Bar: Home Theater Made Simple
The new S Class sound bars include TCL’s S45H and S55H models, now upgraded with Dolby Atmos and Auto Room calibration. These models also include other key features such as DTS Virtual:X Virtual 3D Surround, HDMI with eARC, Bluetooth, TCL TV Ready capability, and are wall mountable.
Venu Sports and ESPN DTC Could Sink U.S. Pay TV OperatorsAccording to Aluma’s Michael Greeson, the sports JV alone could cause 10% of users to cut the cord, and that would ‘severely diminish the ability of operators to stay afloat’ Full article here…
It boils down to the fact that the U.S. pay TV industry could face a lot of competition due to the newly named sports streaming service “Venu Sports”. A recent survey indicated that about 32% of traditional cable subscribers and 38% of IPTV subscribers indicated some level of "likelihood" that they'd sign up for the new service.
The article says that if pay TV providers lose 10% of their customers due to the new service, it will severely diminish the ability of pay TV operators to sustain their businesses. Additionally, the impending direct-to-consumer launch of ESPN by Disney is also anticipated to pose a threat, with a significant percentage of potential ESPN subscribers indicating a likelihood to cancel their pay TV service, potentially impacting operators further.
These developments could have a detrimental impact on the pay TV industry, endangering the survival of operators struggling with declining subscriber bases. Side note - if the joint venture intends to rely on pull from those who have completely cut the cord, they can forget about it. Only 9% are legitimate prospects for the service.”
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