Cablevision Vice Chairman Gregg Siebert conceded that the MSO's bundling of broadband services and over-the-air antennas in a so-called "cord-cutter" package is giving its "programming friends heartburn."
In a broad-ranging address to shareholders, Liberty Media Chairman Tom Malone laid out the reasons he supports the proposed $56.7 billion merger of Charter Communications and Time Warner Cable, pointing specifically to the possibility of a Wi-Fi calling service as one outcome.
Highlighting a flurry of executive comings and goings in the pay-TV industry Monday, Time Warner Cable announced that Arthur Minson is out as executive VP and CFO and will be replaced by the tag team of company controllers/chief accounting officers William Osbourn Jr. and Matthew Siegel.
Desperate to deliver the scale it has promised its investors for several years, Charter Communications enters the regulatory process for its proposed $56.7 billion purchase of Time Warner Cable with serious exposure and no "plan B" in the very possible event that federal regulators shoot the deal down.
Charter Communications' $56.7 billion purchase of Time Warner Cable, and simultaneous $10.4 billion grab of Bright House Networks immediately vaults the company into the No. 2 position among U.S. broadband service providers, and the No. 3 slot for U.S. pay-TV suppliers.
European telecom magnate Patrick Drahi told a French parliamentary hearing Wednesday that Charter Communications' $56.7 billion purchase of Time Warner Cable is actually a win for his burgeoning Altice SA telecom empire.
Charter Communications made it official this week that it's going forward with its $56.7 billion acquisition of Time Warner Cable and its $10.4 billion purchase of Bright House Networks, a three-way deal that will make Charter a bigger threat to ILECs and CLECs in the business market segment.
Pittsburgh-based Penthera Partners says it has now licensed its multiscreen video download software to Charter Communications and Time Warner Cable, while renewing its existing deal with Comcast.
Charter Communications' $56.7 billion bid to buy Time Warner Cable is about more than just the pay-TV and home broadband market--it could also lead to a more assertive push into the wireless realm by the two companies and other cable players, according to financial and industry analysts.
Just hours after his company announced its $56.7 billion purchase of Time Warner Cable, Tom Rutledge, Charter Communications' president and CEO promised to end the impasse that has paralyzed TWC's SportsNet LA regional sports network.