One of the Biggest Cable Companies Says Cable TV Isn’t Working ...Middle East

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One of the biggest cable companies in the United States has a message for media companies: The traditional cable-TV model is broken, and it needs to be fixed or abandoned. Cable TV is too expensive for consumers and providers, Charter Communications, which has nearly 15 million pay-TV subscribers, said in a 11-page presentation to investors on Friday. It added that cord-cutters and rising fees are contributing to a “vicious video cycle.” The presentation comes amid negotiations between Charter and the Walt Disney Company, owner of popular cable channels including ESPN and FX, that has spilled into public view. The channels will not be available to Charter subscribers until both sides agre

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