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Senator: Cable TV World Riddled With Problems

The TV marketplace is seriously flawed and "rules set in the 1990s may need to be changed," said Commerce Committee Chairman Jay Rockefeller (D-W.V.) at a cable regulation hearing, according to Todd Shields.

The main problems discussed there: whether or not to rewrite the carriage law, the high cost of cable bills, and programming blackouts due to fee disputes between programmers and distributors. "Consumers should get refunds when they lose channels," said Rockefeller.

Check out this post for a clearly written overview of what's been happening in the cable world.

Read the whole story at Bloomberg »

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