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Comcast CEO Admits You ‘Can’t Keep Raising Prices Forever,’ But Seems Intent On Trying Anyway

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TechDirt –

 

from the self-inflicted-wound dept

 

As Internet video continues to slowly pick away at cable subscriber totals, most cable companies have absolutely refused to compete on price. Apparently, most of them intend to see just how long they can get suckers cable TV customers to keep paying an arm and a leg for bloated bundles of mostly awful content, only actually competing on price when the problem of cord cutting hits critical mass. Until then, cable execs spend their time either pretending that cord cutting doesn’t exist, or proudly fooling themselves into thinking they still offer the best video content value in the streaming video and BitTorrent age.

Every so often a cable executive will pop up from milking the cable cash cow to pay a tiny bit of lip service to the idea of lower prices and more flexible cable bundles.    Read More