In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche
Ergen wants out of subscription television, because he understands TV is dead. I think Charlie believes traditional television will soon no longer attract enough subscribers to be a profitable business.
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It looks as if pay TV’s customer base is slowly disappearing but the strange thing is the industry seems to be making more money than ever. Financial data provided by ycharts indicates that cord cutting is not hurting revenues, cash flow and income at Pay TV providers.
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