In Dispute With Disney Over ESPN, Spectrum Owner Says Model Is Broken
Charter Communications has indicated that its difficult negotiation with Disney reflects a broader issue with the conventional cable-TV business model.
One of the largest cable corporations in the United States is sending a message to media companies, its primary collaborators in a business that has been around for decades: The conventional cable-TV framework is flawed, and it needs to be repaired or discarded.
Cable TV has become excessively costly for consumers and providers, according to Charter Communications in an 11-page investor presentation on Friday, noting that cord-cutters and escalating fees are contributing to a "destructive video cycle."
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