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Why Cable Will Survive The Market Meltdown

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Wired   |   September 16, 2008 07:20 PM

Read More: Cable Tv, Cable Tv Market Meltdown, Economic Crisis Cable Tv, Business News

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.

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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...
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...
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- Lex10 I'm a Fan of Lex10 permalink
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a: I'll turn off my TV service - & I LIKE TV
b: Verizon eviscerates the subscriber base in any neighborhood it goes into.

    Favorite    Flag as abusive Posted 12:38 PM on 09/17/2008
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