1. Monthly archive
  2. April 2022

April 2022

Elon Musk paid $44 billion for a media property

Twitter's most precious asset isn't its technology, its business, its data, or its employees. What makes Twitter unique is the attention it has won from the media profession — and that is what Elon Musk bought for $44 billion. Journalists fell in love with Twitter because it's a fast, open medium for sharing news. Then their presence on the platform transformed what was once just a buzzy, ephemeral social network into a conduit for world leaders, public institutions and social debates.

Average US Pay TV Customer Is Paying $204 a Month for Broadband and Video Entertainment, says TiVo

Americans are paying almost as much for connected living room services as they are for electricity, natural gas and water, according to TiVo's Q4 Video Trends Report. TiVo's latest survey said that US consumers who still take traditional bundled video are spending, on average, $124.40 a month for pay TV and broadband, up 11 percent in the six months from when TiVo conducted its Q2 report in 2021. Add to that a bill Netflix and other subscription streaming services, and pay TV consumers are forking out an average of $203.60 a month for internet and video entertainment.

Fixed internet service providers lose $10.5 billion in revenue to cord cutters

New research from Parks Associates found the number of broadband cord cutters in the US has risen over the past year, with operators missing out on billions in revenue as a result. The firm’s latest figures show there are now 13.9 million home internet cord cutters in the country, up from just over 12 million in March 2021.

The Perfect Internet Plan Doesn't Exist, Or Does It?

What is the perfect home-internet plan? A new survey from HighSpeedInternet.com figured it out based on the opinions of 1,002 US adults who have made at least one internet-plan switch in the past three years. Most customers covet a fiber-to-the-home connection running a minimum of 650 megabits per second, costing about $50 a month, preferable a little less. Why is that the sweet spot? Because the plans most people have now are far too expensive. The pandemic, of course, played a part.

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