Friday, May 6, 2011

Cable Going Down

Cable TV is lame and costs too much, so people are dropping it. Cable companies are stunned.

"Cablevision core system ... lost about 8400 video customers. Some of that was attributable to how we came into the year after the dispute that we had with News Corp. and the carriage and the World Series (but) we still continue to see softness in the economy, particularly in lower income neighborhoods," Rutledge said.

The Internet has made Cable TV completely obsolete, they just haven't figured it out yet.

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