More Americans now subscribe to cable internet than cable TV

The cable companies have been far more excited about selling broadband than selling video for a long time now. One cable exec, Cablevision CEO Jimmy Dolan, even suggested that his company might get out of the video business altogether. Why? Because while broadband is a high-margin, low-competition business for the cable guys, selling video is a pain in the ass. TV and movie rights holders like Viacom and Warner Brothers are very hard to deal with. The cost of video content continue rising, and cable companies are stuck trying to raise cable prices at acceptable rates to cover the costs.