Time-Warner CEO: "There are too many networks" [View all]

[brooklynite]

Crain's New York:

(Bloomberg) - Time Warner Cable Inc. CEO Glenn Britt says not everything on cable is worth watching.

"There are too many networks," said Mr. Britt at the National Cable & Telecommunications Association annual cable show in Boston.

For years, U.S. cable carriers have provided TV in large chunks, pushing up the average monthly price to about $80 as even the cheapest packages have ballooned to include hundreds of channels. The increase in the number of little-watched channels, which content providers often sell to cable companies only in bundles with more popular networks, is causing cable bills to rise without any customer benefit, Mr. Britt said.

"There are a lot of general-interest networks that have lower viewership, and the industry would take cost out of the system if they shut those networks down and offered lower prices to consumers," he said. "The companies involved would make just as much money as they do now because of the costs."

...says the Company that owns
Adult Swim
Amo El Cine
Boomerang
Cartoonito
Cartoon Network
Cartoon Network Too
CNN
CNN International
Glitz
HLN
HTV
Infinito
MuchMusic
POGO
QTV
Showtime
Star!
TBS
TCM
Tooncast
truTV
TNT
Turner Sports
WB