'I don't think it's good for the rest of the video ecosystem,' Chris Winfrey said Thursday, while Disney said in a new statement that Charter 'decided to abandon' its customers.
Winfrey also elaborated on the issues that led to the current carriage impasse, and the possible future solution if Disney and Charter are unable to come to terms.
“Prices from the programmers continue to go up at rates that far exceed CPI. That’s the first [issue],” Winfrey said. “Secondly, with what’s called the minimum penetrations and tying, we’re forced to deliver packages and programming channels to customers that they don’t want or they can’t afford, and we’re not getting the flexibility to make it satisfying for the customer.
“We’ve always thought about the video business as being an asset to our broadband connectivity business,” Winfrey added. “And I think it’s on the verge of flipping, where it’s becoming a liability.” “If we’re moving on, that’s okay,” he continued. “I think we can do that in a way that might actually create more value for consumers and will be good for us. I don’t think it’s good for the rest of the video ecosystem.
“That doesn’t mean that you wouldn’t sell sports, you can sell have a reseller virtual MVPD relationship with any of those that are out there that can be economically beneficial to us,” he added. “And it would be self selecting for customers who are actually looking and willing to pay that type of price for sports content.
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