NORTH CAROLINA: Friend's Log Cabin

NATIONAL: The coming of the unwrapping of the Cable TV Bundle

MEDIA UNWRAPPING THE CABLE TV BUNDLE

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It has been a turbulent few months for media companies. 

In early August, media stocks including Disney, Viacom

and Time Warner fell sharply. Investors seem to be worried,

principally, about one thing: The prospective undoing of the

expensive cable television bundle. People seem to be growing

agitated with their cable bills, especially as more online choices

like Netflix or Hulu are being offered at a fraction of the price.

Most industry analysts agree that the bundle, as it exists now,

is in trouble. Or, as CBS’s chief executive, Leslie Moonves,

put it earlier this year:

“The days of the 500-channel universe are over.”