There’s a shift happening in the cable television industry. Cable companies like Time Warner Cable (NYSE: TWC  ) and Comcast (NASDAQ: CMCSA  ) used to sell more video subscriptions than broadband Internet, but this summer the top cable providers sold more Internet connections than video for the first time ever.
It wasn’t a lot more subscriptions, but it points to a change in the cable industry and it makes upcoming FCC rules on net neutrality all the more important.
The FCC is considering classifying cable providers under Title II of the Communications Act, which would treat broadband providers more like utilities and make it easier for lawmakers to regulate them. The main point of contention is that under Title II broadband providers couldn’t charge businesses (like Netflix) for faster or better Internet delivery.
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