3 ms·
Good point. There’s a great book called Cable Cowboy by Mark Robichaux that talks about the Wild West days of early cable television. https://www.amazon.com/d
by jollofricepeas 6y ago
Good point.
There’s a great book called Cable Cowboy by Mark Robichaux that talks about the Wild West days of early cable television.
https://www.amazon.com/dp/047170637X/ref=cm_sw_r_cp_api_i_nxinFb9SJ6WGM https://www.amazon.com/dp/047170637X/ref=cm_sw_r_cp_api_i_nx...
The focus is on John Malone but all of the major players make an appearance including Redstone.
The interesting bit is how the guys who controlled the conduit manipulated their way into owning the content as well. They saw what happened to Ma Bell and used it to grow through creating regional monopolies like the Mafia.
- They each carved out their own territory and refused to compete with each other
- They collaborated to fight local government attempts to get better customer service for citizens or even string their own cable
- They famously extorted all of the content guys into giving up pieces of their businesses
Take a look at Liberty Media and how it acquired content assets directly influenced by John Malone’s power in cable.
It’s spooky, sinister yet amazing.