One streaming service down, another ‘continues to grow:’ Bell CEO
WINNIPEG — The president and CEO of Bell Canada is expressing confidence in his company’s streaming video service even as a competitor in the Netflix-dominated field prepares to shut down.
“There’s no change in the status of CraveTV,” George Cope said in an interview Tuesday with The Canadian Press.
“It’s meeting our expectations, continues to grow and Canadians continue to subscribe to that service, so we’re going to keep competing in that marketplace.”
Cope’s comments came one day after Shomi, launched two years ago by Rogers (TSX:RCI.B) and Shaw (TSX:SJR.B), announced it is calling it quits at the end of November due to lower-than-hoped-for subscriber numbers.