Sure, the satellite TV service faces rising programming costs, flattening subscriber growth and an obsolete one-way broadcast platform here in the U.S. But Sanford Bernstein senior analyst Craig Moffett told investors this week they’re not seeing the company’s huge growth potential in Latin America.
Already locked into a carriage dispute that threatens to keep AMC’s ad-focused hit drama Mad Men away from its 14 million subscribers, Dish Network was taken to task by Sanford Bernstein analyst Craig Moffett for new commercial-skipping features in its “Hopper” set-top boxes.
Bernstein Research analyst Craig Moffett issued a research note that paints a damning picture of cable affordability in light of larger macroeconomic trends. Many U.S. households have less money for discretionary spending at the same time that the price of TV entertainment has risen dramatically.
Gary Kim at TechZone360.com has an interesting post questioning whether telecom companies are “still making money.” The piece cites Bernstein Research analyst Craig Moffett, who claims that AT&T and Verizon Wireless aren’t earning a return above their capital expenditures. That’s despite the fact that our appetite for mobile data has never been higher and continues to grow. So there are still plenty of opportunities for carriers who are willing to forget their old business models and develop innovative new ways to make money.
