Why we need price controls on Cable Companies

[LJ_Reloaded]

http://i.imgur.com/yELxdQ2.png
Or do you just PREFER to get gouged like this?

 

[cowslinger64]

Communist! Socialist! Someotherkindofist! You hate America and Muslims!


Sincerely, busydummy, vette and forestdump...et AL.

 

[badbabysitter]

I blame feminists for this

 

[JAMESBJOHNSON]

Stop subscribing to cable, they'll get the idea

 

[someoneyouknow]

Stop subscribing to cable, they'll get the idea

No, because what they will do is raise the cost of your net connection because there's no competition in the states.

This reminds me of a quote an oil exec said many years ago. Can't remember how long but somewhere at the end of the Clinton administration into the Bush administration.

He said that if/when cars become more fuel efficient, and thus use less gas, companies will raise the cost of fuel so they can maintain their profits.

Same here. One revenue stream goes down, another goes up.

 

[LadyFunkenstein]

Perhaps people don't understand this, but those margins are insane. Most corporations of that size are happy with a 20% overall margin.

That said, I am dubious about that spreadsheet screen shot because typically companies don't like to break things out this way. They aren't required to release that to the public. Showing a 60% margin for one segment and 10% for another will inspire your biggest share holders to force a spin off.