LOL, Time Warner XXX.
Big cable companies like Comcast and Time Warner Cable keep saying they don't see Web video cutting into their business: Even if people are watching more Hulu, Netflix, Apple TV, etc., it's not hurting cable, say the cable guys. But there's at least one big, dirty exception. Time Warner Cable said yesterday that its video-on-demand business dropped significantly in the last quarter. Asked to explain where the drop came from, CEO Glenn Britt came clean, more or less — much of it is because, instead of renting "3 Way Cheating Wives" in HD for $9.98, his customers are getting their fix on the Web for free. |
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