[opendtv] HDTV gets a new player

  • From: Monty Solomon <monty@xxxxxxxxxx>
  • To: opendtv@xxxxxxxxxxxxx
  • Date: Tue, 24 Aug 2004 10:18:13 -0400

HDTV gets a new player

Cablevision says the outlook for its Voom service is crystal clear. 
But in the rapidly evolving satellite TV market, the reception has 
been considerably more fuzzy.

By Peter J. Howe, Globe Staff  |  August 22, 2004

As the owner of a 64-inch high-definition television set, Stephen 
Ferreira of Billerica got excited when a new satellite network called 
Voom started up last year, offering nearly three dozen channels of 
high-definition shows and movies.

All Voom needs now is about 2 million more people like Ferreira -- 
and fast. Nine months after Cablevision Systems Corp. , the Long 
Island cable TV company, launched Voom at a cost of over $600 
million, the service has attracted only 25,000 subscribers nationwide.

With Voom accounting for less than 1 percent of Cablevision's 
revenues but nearly half its most recent quarterly loss, and 
threatening to gobble up another $500 million this year, many Wall 
Street analysts have been bluntly urging Cablevision to pull the plug 
on the would-be third satellite TV provider.

Not that Ferreira and other fans of crystal-clear, super-sized 
television aren't enjoying the show. "I love being able to enjoy a 
breadth of high-definition content," said Ferreira, a 54-year-old 
regional sales executive for consumer electronics maker Pioneer North 
America Inc., who raves about watching HD-format Lyle Lovett and 
Sheryl Crow concerts and movies in wide-screen format.

Ferreira already had a DirecTV satellite dish. But once Voom cut its 
installation prices this spring by more than 70 percent to $200, he 
was happy to pay another $50 a month for a Voom dish to get access to 
much more HD content.

...

http://www.boston.com/business/technology/articles/2004/08/22/hdtv_gets_a_new_player/
 
 
 
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