By Angie Han/Aug. 1, 2012 4:00 pm EST
One reason for that, Bewkes says, is that cord-cutting is actually not all that prevalent. “[T]he whole idea that there’s a lot of people out there that want to drop multichannel TV, and just have a Netflix or an HBO — that’s not right,” he told investors. “Look for the data, you won’t find them.” HBO’s entire business model is built around the idea that people will pay for cable, and so far that assumption is paying off. AllThingsD reports that the combined subscriber base for HBO and Cinemax has increased by over 7 million in the past six months.
Nor is Netflix likely to become an option for those who’d like to get their Girls fix without adding to their monthly cable bill. “There are not talks going on between HBO and Netflix,” he said to analysts. [Gizmodo, Deadline]
Apple TV owners won’t need to update their software to get the Hulu Plus app — it should just appear on its own the next time the device is turned on. And for those who are still unsure about whether Hulu Plus is really and truly worth it? New users can sign up to try it out for one week free. [Apple Insider]