said by CanadianLuvr : said by fifty nine:
So are you implying that it costs nothing to run a cable network?
Are you kidding me? Last time I checked Comcast was not losing any money. You will just have to see that the way we get our entertainment is changing, and the old dinosaur model of broadcast TV is going to be extinct soon.
Nobody said that they are losing money. In fact they are profitable precisely because they price their product appropriately.
As for the "dinosaur model of broadcast TV" going extinct? Hardly. A few cord cutters does not make a revolution. In fact despite the depressed housing market, cable companies are doing quite well.