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
To accelerate. Interestingly we published a couple of weeks back a note that said we might see the acceleration in the short term and this might be as bad as it gets but that should not change the overall picture that the rate of decline has dramatically tolerated for Traditional Television and there does not seem to be any question that we are in a new normal for the rate of decline for the traditional system is 5 or so a year which is extraordinarily rapid decline for something thats been around as long as traditional att division. Host youre talking cable and satellite primarily, correct . Guest correct. Traditional distribution via cable or satellite. What is interesting and most interesting part of the story is if you went back a year ago you would have said the virtual and bpd so the youtube tv and the who live in that sort of thing were really what was driving this migration away from traditional linear tv. Today it looks like that thesis was wrong and the uptake of those Virtua
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
Going to change. We need to figure out how to do build out as quickly as possible because we would have no customers. It a matter of focusing our attention that would allow us to grow this program and modify it over time. It not going to be the program on day one or year 5, 10 or 20. I think its an important key aspect to keep in mind. Thank you. Thank you. I appreciate the work you have done. When the mayor was making his presentation, i was besides myself. I made comments during introduction about it as well. I spent about maybe 5 minutes talking with reporters afterwards. I was in shock that the reporting didnt even cover this huge discrepancy with what reality is and what was said by the mayor. It shows that we need better journalist in this city among other things. Okay. We can go on to Public Comment on this item, any member of the public when would like to comment, please come forward. Good afternoon, supervisors, good afternoon. Lafco staff. My name is Shawn Marshall with the l
Mayor was making his presentation, i was besides myself. I made comments during introduction about it as well. I spent about maybe 5 minutes talking with reporters afterwards. I was in shock that the reporting didnt even cover this huge discrepancy with what reality is and what was said by the mayor. It shows that we need better journalist in this city among other things. Okay. We can go on to Public Comment on this item, any member of the public when would like to comment, please come forward. Good afternoon, supervisors, good afternoon. Lafco staff. My name is Shawn Marshall with the local agriculturation Network Aggregation network with promoting greater energy. I serve as vicemayor as the city of valley. Im signature sitting here with my lead hat on. I want to commend mayor lee, there is nothing in the california statute that requires the sf puc to be the response offer cca. I do think it would be the most logical choice, but given the political stalemate, i think its smart for you