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But it's just not profitable anymore


It's far from over, but it will never again be financially rewarding for individual and smaller entrepeneurs. Cable has followed the same route as the oil industry: wildcatters and roustabouts initially named their price based on their experience and past successes, then the number of new well strikes began to decline, then a few wildcatters got a bit long in the tooth or lost their confidence and agreed to work for a straight salary (at significantly reduced pay), then the market price began to mysteriously fluctuate, then the smaller operators began to get squeezed out, then the industry "grew up" and a conspicuos few continued to get richer while everyone else...but then some of the old wildcatters migrated to newly discovered and therefore profitable foreign fields (ergo: the satellite industry) and once again achieved a semblance of the "good old days" until these markets were consolidated and manipulated by the big guys and then...ENRON!!!
This is CABL.com posting #128902. Tiny Link: cabl.co/mHHe
Posted in reply to: Re: Cable vs. Sat. by The Meat Grinder
There is 1 reply to this message
Re: But it's just not profitable anymore Butch Cassidy 3/23/2004 2:41:00 AM