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ECO 201 milestone one.docx - ECO 201 milestone one Charter...

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ECO 201 milestone one Charter Communications I recently viewed a commercial that got me thinking of the future of cable television as we know it. So I decided to consider the possible fail of cable television like nostalgic companies like blockbuster and toys r us. The commercial showed two teenagers watching streaming video on their tablets and laptops. A man asks them “are you guys watching TV”? The children respond “what?” “Are you crazy”? “Watch a TV”? “Nobody does that anymore!”?(Adam Buckman, media post, 2018.) Will cable television companies drop like flies as Blockbuster did? Companies like Amazon video on demand, Netflix and Hulu are dominating video streaming. Charter Communications was founded in 1993 by Barry Babcock, Jerald Kent, and Howard Wood, who had been former executives at Cencom Cable Television in St. Louis, Missouri. It was also incorporated in St. Louis, Missouri, in 1993. In 1995, Charter paid about $300 million for a controlling interest in Crown Media and acquired Cable South. In 1997,
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