This week cord cutting surges as TV consumers demand control. Then, a Facebook Founder calls for a break up – will it happen? And, is a 5g hospital In your future? Maybe so. I’m Alexa Scordato and this is Future Forward and I’m Steven Rosenbaum – Let’s Launch.

Rundown:

Chapter #1 OTT eats cables lunch

Cord Cutting Will Accelerate in 2019, Skinny Bundles Poised to Fail (Report)
https://variety.com/2019/digital/news/2019-cord-cutting-data-1203194387/

Sports streamer fuboTV to expand into ad-supported free streaming, original content
https://techcrunch.com/2019/05/10/sports-streamer-fubotv-to-expand-into-ad-supported-free-streaming/

Viacom Chief Bob Bakish Talks Paramount Turnaround and Pluto TV Integration
https://variety.com/2019/biz/news/viacom-paramount-pluto-tv-bob-bakish-1203210939/

Streaming Service Roku’s Stock Surges to a New High
https://cheddar.com/media/roku-cfo-stock-rises-earnings

Cord Cutting Will Accelerate in 2019, Skinny Bundles Poised to Fail JANKO ROETTGERS of Variety –

The pace of cord cutting is continuing to accelerate this year, according to a new Convergence Research Group report, with 4.56 million TV households opting to ditch pay TV. By the end of the year, 34% of U.S. households won’t have a traditional TV subscription,

Attempts to convert cord cutters to skinny bundle subscribers won’t pay off for the industry, Convergence predicted. “With ARPU half the traditional TV average, lackluster margins, programming gaps and technical issues, live multichannel OTT provides little counter to category killers Netflix & Amazon that sell at lower price points and essentially without advertising,” the report outlined.

There is a silver lining for the Comcast’s and AT&T’s of this world. Residential broadband subs first surpassed TV subs in 2017.”

Chapter #2 Facebook’s Fallout

Chris Hughes FB Breakup Call:
https://www.nytimes.com/2019/05/09/opinion/sunday/chris-hughes-facebook-zuckerberg.html

Facebook co-founder calls on the government to break up the company
https://www.politico.com/story/2019/05/09/facebook-cofounder-criticism-1313365

Chris Hughes’ op-ed reflects a consensus among early Facebook executives that the company is too large, too powerful, and too deleterious to society’s health
https://www.getrevue.co/profile/caseynewton/issues/the-chris-hughes-apostasy-176503

Facebook Strikes Back After Co-Founder Calls for Breakup
https://www.barrons.com/articles/facebook-breakup-co-founder-chris-hughs-google-twitter-regulation-security-privacy-51557428335

Chapter #3 5g and what it really means.

A 5G Futuristic Hospital – in Korea.
https://spectrum.ieee.org/the-human-os/biomedical/devices/koreas-new-futuristic-hospital

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