With its valuation topping $4.8 billion, analysts are urging Cablevision Systems Corp. to take advantage of its surge in value and consider selling. Macquarie Group analyst Amy Yong told Bloomberg that the company is at a perfect place to sell but it must act quickly.
Cable operators were ranked at the bottom of a list of 235 companies Temkin Group ranked in its annual customer service report. Charter Communications placed dead last, and Time Warner Cable was ranked No. 234.
Looking to boost sales for its CloudTV platform, ActiveVideo said this week that most cable subscribers can't notice differences in the speed of cloud-based interactive program guides compared traditional guides run from a cable set-top.
MSG, the regional sports network and live entertainment provider controlled by Cablevision CEO Jim Dolan, said it is investing $25 million to open a bowling alley in Las Vegas.
While AT&T U-verse TV and Verizon FiOS TV added 373,000 net new subscribers combined in the second quarter, the top nine cable operators lost 555,000 subscribers during the period, Leichtman Research Group said Monday.
Charter Communications and Cablevision are no longer members of the Canoe Ventures advanced advertising consortium, cable MSO and Canoe executives told FierceCable this week.
Cablevision said Wednesday that it will pull the plug on the linear TV version of MSG Varsity on Aug. 29 and convert the high school sports channel to an online network offering live and video-on-demand programming for Web browsers and mobile devices.
Charter Communications expects that its subscription video service will evolve into a video-on-demand product distributed similar to the way streaming video services are delivered today, CEO Tom Rutledge told analysts Tuesday.
A 39-year-old Cablevision subcontractor died Thursday after a car struck a ladder he was standing on to perform work on a utility pole in Scarsdale, N.Y., police said Friday.
Liberty Media executives have held talks with Cox Communications regarding a potential merger with Charter Communications, Bloomberg reported Friday, citing two anonymous sources.