Monday, May 26, 2008

U.S. cable industry deriding free market principles

“If each channel depended on individual consumers electing to pay individually for it, this would slash potential viewership and seriously hurt the ability of most channels to attract their current level of advertising dollars,” said Jenni Moyer, a spokeswoman for Comcast. “Lost ad revenue would have to be replaced by higher license fees.”

http://www.nytimes.com/2008/05/24/technology/24cable.html