What was that all about? Last week's blundering effort by Time Warner Cable to use its local monopoly power to bring the Walt Disney Co. to heel was almost a perfect illustration of how not to run a business. By depriving 3.5 million households in seven markets, including New York City and Los Angeles, of their God-given right to watch Regis Philbin, some very highly paid people at the world's largest communications company leaped into an early lead for a coveted trophy--the one inscribed "Worst P.R. Move of the Year."
Not that Disney wins prizes for anything other than superior corporate...
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