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21st Century Fox CEO to cable critics: Bundles are good for you


It seems that everyone hates cable bundles these days, including the creators of South Park who recently ridiculed cable companies as nipple-rubbing monopolist greedheads intent on shaking consumers down for every last dime. But there are two groups that still think bundles are terrific: The cable companies themselves and the entertainment studios that benefit from consumers subsidizing content they’ll never watch with their monthly cable bills. Multichannel reports that 21st Century Fox CEO Chase Carey recently lashed out at cable critics and said that bundles were good for most consumers even if they didn’t know it. “The bundle is still a great proposition for the consumer when you compare it to the a world of $5 lattes and cell phone

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FRIDAY, JULY 30, 2021

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