VTX1’s Decision to Discontinue Video Service
VTX1 Companies has had to make the difficult decision to discontinue television services by the end of year 2018 for our VTXC customers. Unfortunately, the cost to provide TV Service is no longer a financially sound option for the exorbitant costs being paid towards programming. In addition, local station and video content costs have been increasing at 20 to 30% per year which has necessitated an increase in fees to our customers. It has become apparent that to break even, we would need to almost double our monthly service fees, which is not a viable solution.
In addition to increasing costs, a technology trend is evolving that further limits our potential for growth in television viewers, and that’s the viewing of television content over the internet using applications such as Netflix, Amazon Prime, Hulu and a host of others. Potential viewers can purchase a “box” at a store or online to connect it to their television with an internet connection, then view television and movie content for a fraction of what it costs to subscribe to our 250 plus channels that we offer and other traditional cable providers.
As you can see, between the rapidly rising cost of content and the move to alternative viewing patterns created by new technology, we will join many other companies like ours who are leaving the television business to concentrate on providing even higher broadband service offerings to support these new viewing habits.
As previously mentioned, Over the Top Offerings are an alternative to utilize for tv and video content. We have provided some informational content for you to help navigate your way through familiarizing yourself with Over the Top services, please see below:
What is Over the Top?
Over the Top is an application or service that provides a product over the internet, bypassing traditional distribution methods. Services that are delivered over the top are typically related to media, widely delivering television and movie content to the world wide web masses
How to setup your Roku Player
How to add the VTX1 App to your Roku Player
Now that you understand what OTT is, please refer to our reference guide for helpful information to assist you to find the best provider for local programming in your viewing area.
Customer FAQs for Over-The-TopNOTE: Former TV customers who have not yet picked up their free Roku device – 1 device per account — have until December 31, 2019 to do so. As of January 2, 2020, you will have the option to purchase the same model Roku device from VTX1 at a cost of $89.99 while supplies last. This model is a Roku Ultra 4661R which comes with a remote control and JBL headphones and is compatible to stream HD, 4K and HDR.
What options do I have to return the equipment associated to my TV services?
Options are as follows:
- Return the equipment to one of our business office locations
- Dispose of the equipment in an environmentally safe way via your closest local recycling center
- Mail the equipment to: VTX1 Companies, Attn: Warehouse Dept., 10265 N. FM 88, Lasara, TX 78561
- Present it to any VTX1 technician/employee in the field for return
- There will be NO CHARGE to you if you don’t return the equipment. Please keep in mind that this equipment WILL NOT be useable elsewhere.
- There will not be a credit issued for the return of the equipment, only the disconnection of the service. Please note — there will be NO CHARGE to you if you don’t return the equipment associated to your TV services.
- You can go to the VTX1 website at www.vtx1.net/OTT for information regarding OTT providers and informational links to How-To videos for your convenience.
- There are several options available from several providers. Please refer to the OTT guide on our website at www.vtx1.net/OTT.
- We recommend that customers make that decision based on their viewing habits and pricing preferences. Please refer to the OTT guide on our website at www.vtx1.net/OTT for the best viewing options in your area.
- It was determined that increasing the TV subscription price would not overcome the costs for programming to sustain the cost of delivering the service.
- VTX1 content will be added as a channel on any Roku device. In the future, this content will also be available for Apple TV.
- Please visit our Facebook page for information regarding current content being moved to OTT for Channels 1 and 25.