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Article: Family viewing. (Through the Wire).('Fortune' editor Andy Serwer complains about increasing cable rates)(Brief Article)
- Article from:
- Multichannel News
- Article date:
- January 6, 2003
- Author:
CopyrightCOPYRIGHT 2003 Reed Business Information, Inc. (US). This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Fortune editor-at-large Andy Serwer engaged in a little corporate sedition last Friday during one of his regular appearances on Cable News Network's American Morning. Serwer and host Jack Cafferty were bantering about economic trends when the following graphic popped up: "Cable Guy Going for Your Wallet."
Serwer--amazingly, for a financially savvy reporter--started to moan about rising cable rates. Listen to this. The rate of inflation is up 1 percent, the cable bill is up 6 percent. You know what I found out? You ...