Remember, you read it here first...

Friday, September 09, 2016

Remember, you read it here first...

...Optimum (née Cablevision, and before that LICATV) has its corporate eyes on further acquisitions after itself being acquired earlier this year by offshore-owned Altice.

Right now they're doing their due diligence and trying to decide which is the "better buy," to satisfy their customers' need for entertainment content, and rather than starting at the bottom and working their way up, they're swing for the fences from the jump.

The survey they conducted yesterday asked for respond­ents' opinions on four content providers, one of which, Flix­ster, I'm unfamiliar with and another, Yahoo!, was in­stantly dismissable unless Optimum is looking to bite off a small chunk of it like the Movies and/or Television sections.

The jewels Optimum has its eyes on are IMDb (ranked 57 in Alexa Top Global sites ranking) or Rotten Tomatoes (#611), both of which I visit on a daily basis for over 15 years.

I know Altice and its French billionaire honcho Patrick Drahi have a great deal of money with which to work, but IMDb would be quite a reach... since 1998 it's been a sub­sidiary of and CEO Jeff Bezos isn't noted for his track record of divestitures.

Film review aggregator Rotten Tomatoes, launched in mid-1998, has had a number of owners over the years and is presently under the aegis of Comcast's Fandango after earlier acquisitions by Flixster and Warner Brothers.

While I applaude Optimum's desire to provide its sub­scrib­ers with greater content, it's got to be paid for some­where down the line, and that means us!

And the way I see it, my monthly cable services provides not only a wide array of televised content, but the Internet portal to visit IMDb and RT on my own.

¡Basta! I'll be happy with the annual nickel and diming in­crease of rates if Optimum can keep the services running as smoothly as they have been for the past two years.


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