Why Cable Will Survive The Market Meltdown

Wired:

Cable looks like a decent place to park your money in the event of a catastrophic market meltdown. The logic is this: People like TV. They don't want to give it up even if the economy is going to hell in a handbasket. Actually, they may be less willing to sacrifice it in a recession, according to some Wall Street analysts. And even if cable operators won't grow gangbusters, they may not bleed subscribers -- unlike other businesses.

Read the whole story: Wired

Comments

[Lex10]

a: I'll turn off my TV service - & I LIKE TV
b: Verizon eviscerates the subscriber base in any neighborhood it goes into.