(edited from OrlandoSentinel.com) – On Tuesday, Bright House Networks, the major provider for Internet and cable television in Orlando and Tampa Bay, became the latest acquisition target when Stamford, Conn.-based Charter Communications announced its intent to buy the company.
It comes as the industry tries to face down challenges from tech-savvy consumers who are turning more to companies such as Netflix and Hulu for their television programming.
Atlanta-based analyst Jeff Kagan said the industry has been slow to compete with those new technologies.
“Am I worried about cable television?” he said. “I am. Read the rest of this entry →