Netflix is cable's 'frenemy'
BOSTON -- Is Netflix a friend or foe to the traditional cable TV companies? Cox Communications CEO Patrick Esser says it's a "frenemy."
There's no question that Netflix and other over-the-top Internet-based video services have shaken things up for traditional TV distributors and content owners. But is Netflix destroying the cable industry's business model?
Cox's Esser acknowledged today during a panel discussion here at the National Cable and Telecommunications Association's Cable Show that there are times when Netflix may compete for an audience with cable TV providers. But as a broadband provider, he … Read more