sincity Posted July 13, 2013 Share Posted July 13, 2013 If there's one industry that needs less competition, it's clearly the cable industry. The Wall Street Journal reports that Liberty Media CEO John Malone and Charter Communications CEO Tom Rutledge are now preaching "the gospel of consolidation" to their fellow cable executives as they push for the cable industry to become an outright duopoly. Rutledge tells the Journal that he sees the cable industry eventually boiling down to "two major players" that will most likely be Comcast and Time Warner Cable. The Journal reports that Rutledge sees further consolidation as important to the cable industry because it "would help cable companies control costs, giving them more leverage over media companies that supply TV programming, and would put them on stronger footing to invest in new technologies." View the full article Quote Link to comment Share on other sites More sharing options...
Gorilla Posted July 13, 2013 Share Posted July 13, 2013 This is an interesting topic. The way media is playing out now with the progression of internet based streaming, tv stations and broadcasters will eventually become defunct. In this country recently, the main holder of sports broadcasting lost the rights to the EPL to a company that is purely internet based. what that means for people like me is that I will no longer need to subscribe to 50+ channels to get what I want to watch, but can subscribe to a Internet service for my single feed of football goodness. Cheaper, more convenient and what I want. Quote Link to comment Share on other sites More sharing options...
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