Cutting channels would boost industry, Time Warner Cable CEO says

05/23/2012 | Bloomberg Businessweek

The cable industry and consumers would be better served if programmers dropped low-rated channels and focused on their more popular offerings, according to Time Warner Cable CEO Glenn Britt. "There are a lot of general-interest networks that have lower viewership, and the industry would take cost out of the system if they shut those networks down and offered lower prices to consumers. The companies involved would make just as much money as they do now because of the costs," Britt said.

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