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One of the Biggest Cable Companies Says Cable TV Isn't Working

One of the biggest cable companies in the United States has a message for media companies, its major partners in a decades-old business: The traditional cable-TV model is broken, and it needs to be fixed or abandoned. Cable TV has become too expensive for consumers and providers, Charter Communications said in an 11-page presentation to investors Friday, adding that cord-cutters and rising fees are contributing to a “vicious video cycle.” The presentation comes amid negotiations be...
United States New York Robert Iger Christopher Winfrey York Times Company Charter Communications
Source: yahoo.com

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