Academic

?CORD-CUTTING? IS REAL: ?The party line from cable executives is that the ?cord-cutting? phenomenon?

By Glenn Reynolds

“CORD-CUTTING” IS REAL: “The party line from cable executives is that the ‘cord-cutting’ phenomenon?consumers swapping cable subscriptions for Internet video?is a myth. Or, at best, greatly exaggerated. Not so, says Verizon CEO Ivan Seidenberg. He told the crowd at Goldman?s media conference this morning that the cable bundle is going to go the way of the wireline telephone business. That is, the next generation of consumers won?t have any interest in paying for it.”

Full post as published by Instapundit.com on September 24, 2010 (boomark / email).