Time Warner Cable is looking to drop low-rated channels, CEO says

12/3/2012 | Wall Street Journal, The

Time Warner Cable, as contracts expire for low-rated networks, could drop those that "cost too much relative to the value of the service," chief executive Glenn Britt said at an investor conference. The cable provider's programming expenses over the past four years have jumped 30%, while video-service fees have risen by just 15%, Britt said. "We've accumulated networks that hardly anybody watches," he said. "We can't keep carrying these giant packages ... with the services that don't carry their weight."

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