Supply and Demand. Can We Be Cord-Cutters? Mowgli Goes Live.
- We are the reason that networks pay the National Football League hundreds of millions of dollars each year. We are the reason that sponsors and advertisers can pay the networks hundreds of millions of dollars to promote and advertise their brands, products and services. We watch the NFL every Thursday night, all day Sunday and Monday night and the sponsors capitalize on the high ratings as they are looking for our eyes on the NFL broadcasts. You say so what? So did I until I read that the Chicago Bears are able to pay Mike Glennon $45m over three years to quarterback their team with $16m guaranteed for 2017. The same Mike Glennon who is 5-13 during his career and has thrown a total of eleven passes in the last two years. Yep, these crazy contracts are no different in the NBA, MLB, and international soccer but it just makes you wonder how a backup quarterback can demand that level of compensation? Though NFL ratings were down a bit year-over-year, shared television revenue spread between NFL teams allows some of the crazy signings we have seen last week during free agency. Note: Glennon’s salary for the 2017 season only places him 23rd amongst the highest paid quarterbacks in the NFL.
- It comes via snail mail or email every month. Most of the time the invoice amount changes monthly and you need a CPA/forensic accountant (I know one by the way) to explain the line item charges. Don’t even try to challenge the bill with the provider unless you have a minimum of an hour to kill as the customer service experience is maddening. I am referring to the cable bill which for some of us is blended with internet service and for very few a hard line for telephone or fax use. As confusing as it may be, it is probably time for all of us to look to alternative bundling via the internet. Last week YouTube announced that they are introducing YouTube TV, which similar to Amazon Prime Video, Sling TV, and Netflix provides programming with fewer channels than Comcast or other cable providers but at a fraction of the cost. Some of the offers limit the span of programming. For example, YouTube TV does not offer Turner (TBS, TNT), A&E Entertainment or Discovery Communications channels. “Cord-cutting” and moving to a combo of on-demand services is here and here to stay. It can be confusing and if you add-on too many bundled services the monthly charges can rise rapidly but the ongoing monthly charges for cable and internet services are ridiculous. Look for aggregators to pop up that will help you determine what on-demand services to purchase.
- The new version of The Jungle Book has been out for almost a year. I thought I was giving up my man card when I was coerced into watching this new version but to my surprise The Jungle Book is actually an unexpected surprise. The producers bring Mowgli to life and this man-cub’s supporting cast of characters are an animated marvel. The movie won an Academy Award for Best Visual Effect and for good reason. When you need to get away from politics, news, and sports, watch The Jungle Book for a good two hours of entertainment.
Updates: Daylight savings time from now until November 5th. Atlanta United: let’s play the full ninety today against Minnesota. Driven through Sandy Springs on Roswell Road lately? Friday is St. Patrick’s Day….do us all a favor and use Lyft or Uber…driving is not an option. Watch the last 12 minutes of last week’s Champions League match between Barcelona and Paris St. Germain…never say never!!
Have a Funday Sunday!!!
I’m a recent recipient and am enjoying your weekly posts very much. I’m thinking that the two topics today (NFL and the cable providers) and their financial implications mean that you’re thinking of going to a premium financial package for your posts and I won’t be able to afford your thoughts. Say it ain’t so. Just my take.😀
Funny! Thanks Joel.