Viacom Sees No Cord-Cutting
At a keynote interview with Businessweek L.A. Bureau Chief Ron Grover last night, Dauman called cord cutting a "pretty dramatic step" that "very few people" would do.
"We're not seeing it. We know what the subscriber base is out there, because we receive affiliate fees based on subscribers. And the subscriber base is growing," Dauman said, when Grover asked about the possibility that Viacom's business could be impacted by fewer paid-TV subscribers.
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— Ryan Lawler, Senior Editor, Contentinople