Wherefore Art Thou, Time Warner Cable?
Will Time Warner Cable get rid of low-rated networks, which are often bundled into a package with higher-rated ones? That's what its CEO, Glenn Britt, said Monday at a New York conference, though he "declined to say how New
York-based Time Warner Cable would deal with the dilemma of potentially losing popular channels," writes Bloomberg's Alex Sherman.
Hmmm... did Time Warner management decide to backtrack on that stance? A day later, at a difference conference, Britt's boss, Time Warner chairman and CEO Jeff Bewkes, described cable TV pay bundles as "economically efficient." "If groups of networks weren't bundled together, people would end up paying more for less, he said," writes Georg Szalai.