Pivoting from Cable's Triple Play

• Cable operators used to offer a triple play of cable, broadband, and wireless.
• As broadband and wireless grew, cable operators started pivoting away from video content, impacting carriage negotiations.
• Companies like Disney and WBD still rely on cable revenue, unlike those pivoting to broadband.
• The shift from scarcity to overabundance has changed the incentivization pipeline for networks and studios.
• Media operators are not pivoting away from content, and there's more video content available than ever, even being licensed back to Netflix.