It’s the end of the world as we know it, and pay TV companies do not feel fine. In fact, they are hurting quite badly, and things are only going to get worse. Perhaps it’s karmic retribution for years of anti-consumer policies. Or perhaps these behemoths just thought that their lobbying dollars could shield them from reality forever.
Whatever the case, the bottom line is clear and simple: U.S. media giants are in trouble, and we won’t see many tears shed if they topple. More →