that people are not going to, and no longer have to, pay $100 - $150 per month for 3,000 channels of un-findable crap and quite possibly may start selling massively, TWC decides that their future is so bright and their stock so cheap (more expensive than apple, yet growing a fraction of it) that they lay out a $4b buyback. oh, a they have a huge amount of net debt. can someone please explain??
The number of people subscribing to US cable television services has suffered its biggest decline in 30 years as younger, tech-savvy viewers lead an exodus to web-based operations, such as Hulu and Netflix. .