News

Bankruptcy ruling finally clears sale of CSN Houston to AT&T and DirecTV

A federal bankruptcy judge has approved a restructuring that calls for the sale of struggling regional sports network Comcast SportsNet Houston to AT&T and DirecTV.

Scaaary kids! Recapping the most terrifying tales in wireline and wireless

Halloween is typically a scary time filled with little ghosts and goblins roaming the streets... your neighbor's kid egging your house because he thinks club-store candy corn is lame ... your teenage daughter trying to sneak out of your house in a "slutty witch/vampire/nurse/etc." costume ... your 9-year-old son going to bed with Dots candy stuck to $3,000 worth of recently installed orthodontics. But it's a really scary time in the wireline and wireless businesses, too.

Magid survey: 83 percent of U.S. consumers now stream TV

Online video streaming continues its major transgression into the consumer mainstream, with Frank N. Magid reporting that 83 percent of U.S. TV watchers now stream movies and TV shows, at least occasionally.

Charter to sell $3.5B in bonds to buy TWC systems

Charter Communications continues to line up the financing it needs to buy cable systems currently covering 1.5 million Time Warner Cable customers, announcing on Wednesday that it will sell $3.5 billion worth of speculative-grade bonds.

Comcast settles 11-year-old, $875M class-action suit for $16.7M and some free VOD movies

After 11 years of failed settlement attempts and legal arguments that reached U.S. Supreme Court, a class-action group of Philadelphia-area cable subscribers will get only a small fraction of the $875 million they had originally sought from Comcast.

TWC reports 3.6% revenue spike on business services growth, but loses 184K video subs

Time Warner Cable reported 3.6 percent year-over-year third-quarter revenue growth to $5.71 billion, driven partly by 21.9 percent growth in business services. However, the cable company missed analysts' consensus revenue forecasts of $5.74 billion.

Arris reports 32 percent revenue spike to $1.4B

Technology company Arris posted 32 percent growth in year-over-year revenue to $1.4 billion in the third quarter, resulting in a profit of $54.6 million and earnings per share of 81 cents that beat analysts' forecast of 72 cents.

CBS, Moonves lose nerve on tough OTT position with launch of All Access

Speaking at the Goldman Sachs Communicopia Conference in New York on Sept. 10, CBS Corp. CEO Les Moonves made it very clear. "We the networks should not be penalized because you the station do not negotiate retrans properly," he said.

More merger conditions for Comcast? Free broadband for NYC public housing proposed

Facing strong public-opinion headwinds in a merger that is too far along to scuttle, Comcast is getting a lot of "conditions" thrown its way these days. One of the latest: A group of New York area lawmakers wants the conglomerate to provide free broadband to New York City public housing as a condition of the $45 million purchase of Time Warner Cable.

Viacom expands Hulu partership … and debate about its value to pay-TV

Fueling arguments by pay-TV providers that its content is too widely distributed across over-the-top channels, Viacom has significantly expanded its partnership with Hulu.

BSkyB invests $7M in online channel Whistle Sports

European satellite company BSkyB continues to invest in American online video, announcing a $7 million series B investment in digital programming channel Whistle Sports.

Charter posts 8 percent revenue growth on narrower video sub losses, big broadband gains

Charter Communications reported 8 percent growth in third-quarter revenue to $2.3 billion, driven by narrowing video subscriber losses and burgeoning broadband customer gains.

Comcast begins notifying customers: Congrats, your home is a Wi-Fi hotspot

Amid an aggressive expansion of its Wi-Fi network that aims to have around 8 million hotspots deployed in the U.S. by the end of 2014, Comcast is selling its subscribers on the hospitality angle.

FCC officially proposes pay-TV status for linear OTT services

The FCC has circulated a memo through its Media Bureau, formally proposing that linear over-the-top services like Aereo be considered multichannel video program distributors, with accompanying rights to retransmission consent licensing agreements.

Wall Street analyst pines for CBS-Viacom reunion

Eight years after they split into two separately traded media and entertainment conglomerates, an investment analyst is calling for CBS Corp. and Viacom to reunite their forces. "A combined company would have a better ability to negotiate carriage with large MVPDs and preserve affiliate fee and retransmission growth rates," wrote Brett Harriss of Gabelli & Co.

YouTube's Wojcicki mulls subscription service, says half of viewing now mobile

YouTube CEO Susan Wojcicki

YouTube CEO Susan Wojcicki said her Google-owned video platform may soon launch a subscription-based service

Broadband homes without pay-TV up 5 percent in 3 years, TDG says

The growing portion of U.S. broadband homes without a pay-TV subscription has reached 14 percent, up from 9 percent in 2011, according to a new study from The Diffusion Group.

Dish ordered to pay $22,500 for collection call mishap

A West Virginia federal court has ordered Dish Network to pay $22,500 to a Charleston man who accused the satellite operator of calling him 31 times to collect a debt for services he never had.

Concern for pay-TV's sports lynchpin? World Series craters to record-low 12.1M viewers

Blame it on a post-steroid era featuring minimal offense, or the inclusion of the small-market Kansas City Royals ... or too much competition from the NFL. Whatever you attribute to this past week's awful World Series TV ratings, they're a concern to a pay-TV industry that's festooned together right now by sports program licensing rights.

Global pay-TV subscribers to reach 1.1B by 2019, ABI Research says

While competition for pay-TV services is pushing subscriber fees down worldwide, both pay-TV revenue and subscribers are expected to grow significantly over the next five years.