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Cable TV Farewell? Honcho Stuns Investors by Saying Industry Is Broken, Too Expensive

In a presentation to cable television leaders, industry giant Charter Communications said cable has a major problem: Its model is broken, and it is too expensive for consumers in an era when there are so many other options. Charter -- the second-largest cable TV company in the U.S. -- delivered...

In a presentation to cable television leaders, industry giant Charter Communications said cable has a major problem: Its model is broken, and it is too expensive for consumers in an era when there are so many other options. Charter — the second-largest cable TV company in the U.S. — delivered…

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