Time Warner Cable CEO Warns Price Hikes May Come Back To Bite Industry On The Derriere

Time Warner Cable CEO Warns Price Hikes May Come Back To Bite Industry On The Derriere

Time Warner Cable CEO Glenn “Two Ns, Two Ts” Britt has been an outspoken critic on broadcasters who package desirable, high-viewership channels with niche-market offerings and tell cable companies to pay for them all or get access to none, which results in the cable providers passing these bundles (and the price tag) on to customers, many of whom only watch a handful of the hundreds of available channels. It’s a model, says Britt, that could have dire consequences. [More]