NEW YORK — Who says the cable television industry is in its twilight years? With broadband internet services fueling continued profit-generation opportunities for Multichannel Video Programming Distributors (MVPDs) as “cord-cutting” trends continue, the “cable business” is vastly different than it was a decade ago.
For some companies, including Charter Communications, the services it offers have lasting consumer value. This could explain why it is agreeing to acquire Cox Communications in a multi-billion deal announced early Friday by the two companies.
