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He spent most of his working life putting together a chain of movie theatres, but it was with the purchase of Viacom, a cable company, when he was 63, that his career took off.
ECONOMIST: Two sharks in a fishbowl
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And the reason is that when the channels are bundled so that the cable subscriber has to purchase the lot of them, that gives them the option of discovering something that they might not have known before, which is that by surfing around and happening upon a marginal, new, upcoming channel they might find that they like it and they might start watching it.
NPR: World Bank Changes, Understanding Unemployment
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Comcast is primarily a cable company, but its recent purchase of NBC Universal has generated a large content ownership facet.
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