Case in point -- Time Warner Cable. The cable giant's broadband subscriptions are way way up -- 189,000 new subs in the last quarter alone (smashing analyst forecasts). And, get this, a primary driver for this surprising growth is cable's long-time bogeyman and nemesis -- that's right, Netflix! Consumer thirst for video is so high that they are craving bigger, faster pipes. Time Warner to the rescue! And, voila, all of a sudden Time Warner's CEO changes his tune and now proclaimeth "love" (that's right, love) for Netflix.
Ahh yes, the world is a wonderful, magical place ... so long as it is also profitable ....