Comcast CEO gives the Internet a hug at The Cable Show

Brian Roberts (far left) sits on a panel about new media at The Cable Show.
Comcast CEO Brian Roberts had the honor of being a panelist at the cable industry trade show in Washington. All of the cable big wigs are slated to attend the event hosted by the National Cable & Telecommunications Association, including News Corp. CEO Rupert Murdoch.
According to reports, Roberts used his time to persuade his colleagues that the Internet is not the enemy and is another avenue for monitization. The cable industry has been abuzz over customers canceling pricey cable packages in favor of getting media via broadband Internet connections. The practice, known as “cord-cutting” in cable-company-speak, has had an impact on cable companies. Many companies are also suffering because of cost-cutting consumers not renewing service to save money, and the Center-City based Comcast is no exception. As covered previously in Technically Philly, the company lost 233,000 cable subscribers last quarter.
Of the five member panel, Roberts was the most supportive of placing video online.
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The press release said the move was about “profitability” so, you know, don’t worry about it.
