Verizon CEO Actually Recognizes That People Want To Cut The Cord

from the good-for-him dept

While many in the TV business were recently patting themselves on the back in pretending that TV had "beaten" the internet, and people weren't interested in dumping their expensive cable plans, at least some folks are recognizing where things are headed. Verizon CEO Ivan Seidenberg, who has always been more of a straight shooter than some other execs in the industry, is admitting the obvious:
"Young people are pretty smart. They're not going to pay for something they don't need to."
Such a simple sentence, and yet one that so many people are in denial about.

Filed Under: cord cutting, ivan seidenberg

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  1. identicon
    redrum, 29 Sep 2010 @ 5:47am


    I cut the cable a year ago because I needed to save money, but there definitely was a void. I couldn't get HTPC or Boxee to work on the old pc that I was trying to set up as a media pc. Geexbox was interesting but not really viable as a cable replacement.

    We use Netflix, so I just got a Roku box. This thing is awesome, and only $59. I have 3mb dsl service, and it streams all the Netflix (and other stuff) in really nice quality, and for no extra fee! My wife finally stopped complaining and we have been watching and discovering lots of new things.

    Now we no longer miss cable.

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