Be as bad as it gets. That shouldnt change the overall picture that the rate of decline has dramatically accelerated for Traditional Television and it doesnt seem to be any question that were in a new normal with the rate of decline for the traditional system is probably 5 or so per year which is an extraordinarily rapid decline for something thats been around as long as traditional paytv distribution trend what youre talking about cable and satellite primarily, correct . Guest thats right. Traditional distribution the cable and satellite. Whats really interesting and maybe the most interesting part of the story is, if you went back a year ago you wouldve said that the virtual mvpd, so the you tube tv and hulu live and that sort of thing were really what was driving this migration away from traditional linear tv. Today it looks like that thesis was probably wrong and the uptake of those Virtual Services is not terribly strong actually and that what youre seeing is people just defecting
When we published a couple of weeks back a note that said we might see a little bit of deceleration in the short term and this might be as bad as it gets, but that shouldnt change the overall picture that the rate of decline has dramatically accelerated for Traditional Television and there doesnt seem to be any question that we are in a new normal where the rate of decline for the traditional system is probably anor so per year, which is extraordinarily rapid decline for something that has been around as long as traditional paid tv distribution. You are talking about cable and satellite primarily, correct . Craig thats right, traditional communication via cable and satellite. Of thet interesting part story is if you went back a year ago, you would have said the the youtube tv and life werehulu driving integration with from tv. Today that thesis looks wrong and the uptake of those Virtual Services is not terribly strong. What you are seeing is people just defecting entirely from live te
[inaudible conversations] the afternoon. I am so excited to be in this crowd to talk up the sinclair tribune merger and ownership if you dont know me i am a distinguished fellow at the Georgetown Institute on foreign policy. Before we start early to think a couple loved institutions in the institute for public representation that is part of Georgetown Law Center and of those alleged foundation for sponsoring this event also senator Richard Blumenthal we hope to hear from soon and also jaime who is a Research Fellow here georgetown and by personal locklear cantering a fabulous job and also the head of the institution in that you may have heard broke her leg when she and her child was shopping when shoplifter knocked them over down a flight of stairs. So of people could send her well wishes she is doing a fabulous job running the institute also other georgetown students and who will be helping today with logistics. So let me step set the stage. Whether we talking about . Made the shares
Going through humiliation to enter an elite society. And partying to death sometimes quite literally. Want other true colors of universities in the us. When we all make this manufacture consent to public wealth. When the room in clusters project themselves. In the final merry go round only the one percent of. The time we can all middle of the room signals. The real news. Hey everybody im stephen both test hollywood guy you know suspects every proud american first of all im just george bush and intervene to see just this is my buddy max famous financial guru when hes a little bit different on the stage one could hope for not revealing your windows up with all the drama happening in our country and rude have some fun every day americans. And hopefully start to bridge the gap this is the great american. Journey. Welcome back c. V. S. Health has announced that they will increase pay starting four of their employees to nine dollars to eleven dollars an hour and they will also allow full tim
And water cannen cannons use today break up the crowds and Melania Trump blocked from going to an event. And in june, much better than expected. U. S. Futures, saying that stocks will open higher. The dow up 45 minutes. When we open up for real in about a half hour. The Democrat Party trying to come up with a slogan for the 2018 elections. One of the top contenders, check this out. And Varney Company starts right now. [crowd chanting] while the rest of us have to work for a living. Thats the scene outside the g20 in germany. I dont know whether bleak burman has a riot shield, but whats going on. Fine this morning. It got interesting last night, stuart or ashley, sorry. The protesters are back out this morning in hamburg, a big city, not where we are right now, but another spot for the city and this is having an impact on several, including the first lady, Melania Trump. A spokesperson for the first lady telling me this morning that at her residence, Hamburg Police could not provide cle