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Economy is doing fine. Unemployment is still at record lows and GDP is currently estimated to be 4% for the last qtr Directv laying off 500 managers isnt surprising at all even in perfect economic conditions considering the amount of customer they have lost over the last several yearsIt is sad they will be laying off, leaving those to find other jobs. I hope the economy does pickup sometime in 2023.
Federal Reserve announces 0.5% rate hike, signals more increases to come (nbcnews.com)
Unemployment is at 3.5%. Full employment is when unemployment hits 3%. Economy is good, its the prices that got out of whack.It is sad they will be laying off, leaving those to find other jobs. I hope the economy does pickup sometime in 2023.
Federal Reserve announces 0.5% rate hike, signals more increases to come (nbcnews.com)
Stream and SAT have always been under the same corporate umbrellas. I'm not sure what you mean by "combined".Stream and SAT should have been combined years ago.
[Like you can have a box in the living room for Satellite, then in other rooms, have stream with a Roku, that way you can avoid box fees.Stream and SAT have always been under the same corporate umbrellas. I'm not sure what you mean by "combined".
I believe AT&T intended to combine the services earlier but were hit with roadblocks from the content providers. I believe they thought it would have been much easier to expand the contacts DIRECTV had for satellite to cover OTT streaming delivery. By the time they actually launched the "full service" AT&T TV their decline was locked in.Its lack of Directv investment in the business. Granted pay TV is going through considerable change but the Directv technology is too old. Stream and SAT should have been combined years ago. They didn't evolve with the times.
DIRECTV satellite lives and dies on TV fees. They've stood by that business model for quite a long time. Even their new satellite streaming option, the Gemini, reportedly demands a TV fee.Comcast and Charter have this option, you can have 1 box or even 0 boxes, they both have apps that basically turns a Roku into a cable box at no charge.
Better articleIt does make it easier when someone calls customer service and wants to talk to a manager.
I am surprised that DIRECTV only has 10,000 employees. Hundreds less after the lay off. They must do a lot of contracting for work instead of direct hire. Mastec installers and no DIRECTV installers? They hire customer service representatives but that has turned into a work from home opportunity now.
Combined into the same STB. I personally suggested streaming back up with rain fade, about 7 years ago to two EVP's at Directv in person. Before HS17 was ever launched. And when Directv spun off from AT&T and Streaming started they could have been combined then. But zero investment in consumer services. Still using HR44/54 and a poorly designed HS17.Stream and SAT have always been under the same corporate umbrellas. I'm not sure what you mean by "combined".
Thinking only of the local DVR .vs. cloud DVR implications, this probably wouldn't be practical. Satellite tuners (and the accompanying smart card technology) aren't cheap so outfitting streaming boxes with tuners that will never be used is a non-starter. Cable companies tinkered with this model in an attempt to transition to cloud DVR and it doesn't seem to have taken the industry by storm.Combined into the same STB.
I know when I call or Chat or do Twitter I get people where English isn't their 1st language. Those people work in an office but the ones in the U.S. work from home. It doesn't matter because the people who can fix certain issues don't talk to customers.It does make it easier when someone calls customer service and wants to talk to a manager.
I am surprised that DIRECTV only has 10,000 employees. Hundreds less after the lay off. They must do a lot of contracting for work instead of direct hire. Mastec installers and no DIRECTV installers? They hire customer service representatives but that has turned into a work from home opportunity now.
Kodak is doing batteries and home printers too...a shadow of its former self (... off topic but they had the patents to the digital photography but opted out because they were afraid of cannibalizing their film business). DirecTV streaming as you said has a lot of competition... Hulu has their service with local channels at $70 a month. If you need Sports or your sports teams there are ways to stream that as a separate entity as well at much lower cost. There will still be loyalists with DirecTV but their price strategy will not do well at this current price point.Kodak still exists. They have shifted the primary focus of their business to commercial customers. DIRECTV is shifting their focus to streaming. They may survive, although there is a lot more competition in the consumer streaming marketplace than commercial photography.
... at 3.56 cents a share I hope it improves...my neighbor was a retiree. As I said I don't doubt that DirecTV will have its loyalists but the price point with younger people won't fly. And ask anyone under 30 years old if they've heard of Kodak (outside of Rochester). They have a lot of reworking to do.Kodak is doing fine. They are in a lot of different things. I worked in the printing industry before retireing a little over a year ago and we had their print production software which is Kodak Prinergy. It is the top dog in the printer workflow solution software and like DIRECTV...it has the price to prove it. For example the software was just under $500,000 and just the support plan for our shop was $24,000 per year. I'm sure that has not went down since I retired.