By 2012, however, Time Warner’s investors were demanding to know why the company wasn’t selling its reruns to Netflix, according to one former Time Warner executive. “We sat out for a few years, and all of Wall Street said, ‘What the hell are you guys doing? You’re leaving value on the table for your shareholders!’ ” the former executive said. “So we relented. That was the beginning of the end.”
What do you do when your cable box is more useful for telling the time than delivering movies and TV? A decade-plus after Netflix added streaming video the internet is ready to take over for cable and satellite, offering more options and lower rates. Now that you're ready to pull the plug, there's a lot to consider, like who has what, what works where and how much everything costs.
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