Porter Bibb, managing partner at Mediatech Capital Partners says that in the next five years consumers can expect to pay usage fees for videos, TV and movies watched over the Internet as cable ... more 
Porter Bibb, managing partner at Mediatech Capital Partners says that in the next five years consumers can expect to pay usage fees for videos, TV and movies watched over the Internet as cable companies try to recover losses from traditional network agreements. Two weeks after Detroit declared bankruptcy, cities, counties and other local governments in Michigan are getting a cold shoulder in the municipal bond market. J.C. Penney Co Inc is searching for a new chief executive to replace Myron Ullman, with top investor Bill Ackman pushing to have one named in 30 to 45 days. As a blackout of CBS channels to Time Warner Cable subscribers neared a week, the two sides continued to blame each other's stance on the digital-content terms for a lack of progress in their ongoing negotiations. less 
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Wochit
Fri, Aug 9, 2013 9:53 AM EDT