This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Sick and Tired of the Cable-TV Bundle: Media Reader Mail

NEW YORK ( TheStreet) - A surge of reader comments for a story about cutting-the-cord on pay-TV made clear what we all know: a lot of people are sick-and-tired of having to pay $120 or more per month for hundreds of TV channels that they never watch.

To make things worse, some of the most popular channels are suddenly removed because a couple of companies with market capitalizations exceeding $30 billion can't agree on how to divide the profits from their industry-created business model.

Both Time Warner Cable (TWX) and CBS (CBS) were roundly criticized by readers for their four-week-old dispute that has led to a blackout of the networks' channels for subscribers of the pay-TV service in New York, Los Angeles and Dallas.

Rob Tentoy wrote that "CBS wants more money from Time Warner to air their programming. Time Warner won't pay more so CBS won't let them air it. Time Warner sucks, but they are in a no win situation... pay more to CBS (which means subscribers pay more) or not have CBS. Either way, customers get angry and leave."

A ticked-off reader named Roger Johnson added that "The straw that broke the camels back, CBS blocked us from accessing their website because TWC provides my broadband access so I can not even access their shows through internet. So screw you CBS I will get used to not seeing your shows except in syndication. And secondly screw you too TWC for starting this mess to begin with."

In other words, a plague on both their houses.

At issue is the amount of money Time Warner Cable is willing to pay CBS to carry the network's programming. As the comments made clear, it's hard to claim that either company is doing anything but what their shareholders want them to do: extract the best deal possible while doing as little damage as possible to their "relationship" with customers.

But the relationship may be fraying, raising interest, albeit at the margins, for cord-cutting, rejecting the pay-TV bundle altogether. Many readers relayed how they're piecing together their own a la carte television viewing using simple technology -- a TV "rabbit ears" antennae available at most electronics stores -- and a variety of online offerings.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,131.97 +100.83 0.59%
S&P 500 1,998.98 +14.85 0.75%
NASDAQ 4,552.7590 +33.8570 0.75%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs