That old guy controls 70% of disposable income

Once scorned by the television networks, CBS, NBC and ABC are now pointing to research that shows consumers over 50 spend some $90 billion a year on cars alone. By 2017 they will control 70% of the nation’s disposable income.

Read more: The big bang of 50+ TV viewers http://www.latimes.com/entertainment/tv/showtracker/la-et-st-aging-tv-audience-20140223,0,4321850.story