Business: The Cable King

A TV merger for Westinghouse

Cable television, the transmission of TV signals by wire instead of through the air, may still be in its infancy, but it is growing fast. Some 17 million subscribers, who are concentrated primarily in big cities, now use the system. That is an increase of 12.7 million since 1970. Moreover, experts predict that cable TV, which will enable the viewer to receive up to 150 channels of programming, will some day be part of the home entertainment center for families across the U.S. Cable firms are thus jockeying into position in expectation of the fierce battle that...

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