Interestingly enough, yet another content provider CEO expresses his lack of concern and one might say general disdain for cord cutters. Time Warner CEO Jeff Bewkes said of cord cutters Friday morning:
"cord cutting"is overstated and that the phenomenon is limited to a small segment of low income Americans.
Notice he even went so far as to say it's limited to a "small segment" of low income Americans. As if to say, "even most poor people aren't so poor they don't have cable!".
Now look, I'm sure he's going off of some market research they've done but the idea that they are trying to trivialize cord cutting by labeling it something that people only do because they're poor is insulting. Remember, they tried to say that about MP3 downloaders when that first took off so take this guy's statements with a grain of salt.
My family and I aren't rich by any means but we're not low income either. Ironically, when we were low income, we were cable subscribers.
So what about you? Are you a cord cutter? If so do you live in a household that would be considered low income by American standards? Note that the poverty level in America during 2012 was set at $23,050 annual income for a household of 4.
Please take a second to select an answer in the poll. All answers are completely anonymous.
Read the full article with his statement here.