Time Warner CEO

[dellinger63]

Originally Posted by casp0555

Now I understand exactly why my cable bill is 2 bills amonth

http://www.usatoday.com/story/money/...llion/6658083/

Time Warner had 11.4 million subscribers before its buyout by Comcast and its 21.7 million subscribers making as last month's article states about 30 million subscribers total. Dividing the $80 million CEO parachute per subscriber comes to $2.60 or 22 cents per month for a year.

The reason you're paying that $200/month certainly has nothing to do with the CEO's $80 million (Govt. to get $30 million of it at least).

But when Comcast pays $45.2 billion for 11.4 million subscribers (almost 4K/subscriber) that $80 million or 2 tenths of 1% is chump change. And Comcast is relying you and everyone else to stay around 2 years to make a profit.

http://dealbook.nytimes.com/2014/02/...ype=blogs&_r=0