It's amusing how often corporate arrogance and corporate foolishness go together, like hand in glove.

As reported earlier today by TV Predictions:

Comcast CFO Michael Angelakis today said his company has the capacity to offer more than 150 High-Definition channels.

That's according to an article by Dow Jones News Service.

The wire service reports that Angelakis made the remark while addressing the Bear Stearns Media Conference in Palm Beach, Florida.

Comcast now offers less than 40 HD channels in every market, with some systems getting as few as 25-30. But Angelakis said "not every HD channel deserves to be in HD, and there are lots of HD channels that aren't watched very much."

This is also a good example of why Fortune 500 CFOs should leave marketing spin to the marketing experts.

TrackBack URI for this entry

Comments (0)

Show/Hide comment form