While conceding his own companies "missed the boat a little bit" in letting upstart Netflix become the dominant force in over-the-top distribution, Liberty Media Chairman John Malone said his cable holdings, which include the burgeoning Charter Communications empire, are still well-positioned in an OTT future.
Charter Communications has issued a much-anticipated high-grade M&A bond as part of its $31 funding plan for the acquisition of Time Warner Cable.
The nation's top publicly traded pay-TV companies have all reported their CEO salaries to the Securities and Exchange Commission, and FierceCable has collected all the data in one place. Below are the salary and compensation rates of the top eight highest paid CEOs among publicly traded cable, satellite and IPTV service providers.
As of mid-2015, in my view, we have an upside down industry structure. In wireless, there is almost too much competition. Margins at Verizon Wireless and AT&T are shrinking. Sprint is unprofitable and continues to struggle. T-Mobile has been successful in taking share and setting the tone of the industry to take share, flirting with profitability from one quarter to the next.
Whether it's Charter Communications' proposed acquisitions of Bright House and Time Warner Cable or Comcast's failed attempt to buy Time Warner Cable, consolidation in the cable industry is rampant. One cable MSO that has yet to make a big move in either being acquired or buying another company is Cablevision.
Attempting to differentiate its merger goals in the eyes of federal regulators, Charter Communications says it will "go further" than the FCC's recently adopted net neutrality order by not imposing data caps or any other usage-based pricing.
Charter Communication's bid to acquire Time Warner Cable and Bright House Networks has a bit more bounce in it after the influential founder of African-American network Bounce TV, U.S. Ambassador Andrew Young, endorsed the deal.
New Street Research analyst Jonathan Chaplin says it's 80 percent to 85 percent likely that the FCC and U.S. Justice Department will approve Charter Communication's proposed $56.7 billion purchase of Time Warner Cable.
Charter Communications has begun marketing $13.8 billion in loans as part of its planned $56.7 billion purchase of Time Warner Cable, according to Bloomberg, which cited anonymous sources.
Charter Communications CEO Tom Rutledge said his company can continue to improve its service reputation by limiting its interaction with customers.