I'm glad my councilman, Rory Lancman, joined IBEW Local 3 workers on the picket line when their union went on strike against Spectrum on March 28.
They're protesting Spectrum's elimination of pension contributions, weekend overtime pay, and cuts to other benefits. They are victims of a cable giant's greed and hunger to grow larger.
Spectrum also shafts its customers. Attorney General Eric Schneiderman sued them for charging higher rates for better Internet service and not providing it.
Now Spectrum is battling Fox Networks over carriage fees for Fox News, Fox Sports and FX. Unless an agreement is reached, viewers will lose those channels without a reduction in rates.
Why does Spectrum have all these problems. Because Charter needs more money to repay the $55 million it spent to buy Time Warner Cable and give outgoing
CEO Rob Marcus a $93 million severance package.
That's not pay for performance, it's a fortune for failure. Under Marcus's tenure, TWC was rated by Consumer Reports as one of the nation's worst cable systems.
Spectrum subscribers are paying for his golden parachute. We must protest it and demand that our city, state and federal representatives hold Spectrum's feet to the fire.
Kew Gardens Hills