2009-04-20 — minyanville.com
Cable and internet providers have been selling us that line for a few years now - ever since high-speed connections sprang up throughout the country. But these doomsday warnings hit a fever pitch when free online video sites like YouTube (GOOG) and Hulu began competing with network TV programming. As viewership drops, traditional media companies have to supplement lost revenue via other means.
Their inevitable solution: Make heavy Internet users pay through the nose for the privilege.
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Comments:
tvsterling at 06:57 2009-04-21 said:
Gouging is a grand old tradition in telecommunications in the US. Since I'm older than dirt I can remember how it was before Ma Bell was broken up. Mobile phones were only for the rich & famous, phone taps were installed by nudge-nudge/ wink-wink deals with the police & long distance rates were somewhere in the stratosphere. Look at what there is now. If these big companies try to gouge they will only put themselves out of business even though it might take a while. As for commercial based television; it's business model died ten years ago. There are no real signs of life. The corpse is only twitching a little. Permalinkadd a comment | go to forum thread
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