Bulk TV Services for Permanent Supportive Housing (PSH)
Bulk TV services for Permanent Supportive Housing (PSH) communities play an important role in property and resident management. Among our customers are Colorado Coalition for the Homeless and The Longmont Housing Authority. These organizations contacted StreamWise Solutions to see if there was a way to cut back on the thousands of dollars they were spending on TV every month. We were able to help by removing their cable TV and satellite TV solutions and installing master digital antenna networks. When we were done each of these organizations saved tens of thousands of dollars every year and their residents got more channels with HD clarity.
The Problem with Today’s Bulk TV Choices
Its no secret that subscription TV prices go up every year. If they didn’t, StreamWise Solutions would not exist but every year like clockwork the cost of subscription TV goes up. Because of retransmission fees, the prices go up annually. It does not matter if you have cable TV, satellite TV, or a streaming TV package like YouTube TV or Hulu Live – the prices go up!
Most PSH communities engage in bulk deals with cable or satellite TV companies. Essentially, a bulk TV deal works like this: the operator agrees to pay a discounted rate per unit per month so that TV is always available in all units. They do this so they don’t need to worry about administering connections and terminations when residents move in or move out. However, these bulk prices are still subject to annual rate increases.
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The Importance of Bulk TV Service for PSH
Installing digital antennas allows individual consumers to save $1500 per year. But multifamily operators often do not realize they can also cut the cord by installing digital antennas. While installing a master antenna can be valuable to all types of multifamily developments, its especially important for PSH communities.
In our conversations with PSH leaders they have told us that TV is actually important for reducing vandalism to the property as it provides an incentive for residents to feel at home in their units. It also provides white noise for many residents, especially those who have lived on the street and struggle with the silence they encounter when moving into a unit of their own. In fact one developer told us that TV availability reduces their liability because residents can listen to TV as opposed to running the water to create white noise. There are few things as costly to a multifamily operator as flooding.
Conclusion – StreamWise Solutions for Bulk TV Solutions
While some kind of bulk TV solution is important for PSH developers and operators, it does not need to cost tens of thousands of dollars every year. That money could be better spent on critical supportive services for residents.
As an example, StreamWise Solutions saved a single PSH development in Longmont, CO over $45,000 per year. This property has 81 units and under their bulk TV deal in 2021 were paying $50 per unit per month for standard definition, basic cable. (81 units * $50 per unit per month = $48,600 annually) And what did it cost to install and test all the units on property? Less than half their annual cost of the TV subscription they cancelled. Essentially, they broke even in less than six months.
Not only did StreamWise Solutions save them money, their residents got more channels and the content was in HD, not SD (standard definition) as it had been with the expensive cable TV provider. And its important to remember that if The Suites had stayed with cable, their annual costs would now be over $50,000 per year because of the inevitable price increases.
