In a Wall Street Journal piece Fri, soon-be-filing-for-bankruptcy overbuilder RCN’s chmn David McCourt asserts, "The cable industry remains in the grip of a monopoly mindset." McCourt says cable operators, instead of competing, "simply exchange geographic service areas, so that each side can expand their local fiefdoms-the same business model championed by Tony Soprano." Gosh. McCourt also makes an impassioned plea for a la carte (without calling it that). But, with tremendous chutzpah, McCourt says cable will face competition because "bankruptcy is not the end." Indeed, he asserts the wave of bankruptcies, of which he’ll soon be one, "will help launch a new era in telecom." How? Easy, no debt. Some business plan. – PSM

The Daily

Subscribe

CMG Says DISH is Misleading Customers

Cox Media Group has sent a cease-and-desist letter to DISH requesting that the satellite provider take back a number of claims about why 12 CMG stations went dark on Monday.

Read the Full Issue
The Skinny is delivered on Tuesday and focuses on the cable profession. You'll stay in the know on the headlines, topics and special issues you value most. Sign Up

Jobs

Seeking an INDUSTRY JOB?
VIEW JOBS

Hiring? In conjunction with our sister brand, Cynopsis, we are offering hiring managers a deep pool of media-savvy, skilled candidates at a range of experience levels and sectors, The result will be an even more robust industry job board, to help both employers and job seekers.

Contact John@cynopsis.com for more information.