August 16, 2011 |
The nation's second-largest cable operator just got a little bigger. Time Warner Cable Inc., which has some 12 million cable subscribers, including 2 million in Southern California, has added about 700,000 customers with its $3-billion purchase of Insight Communications Co. Inc. Insight was sought after because its holdings in Kentucky, Indiana and Ohio will fit in with Time Warner Cable's substantial operations in those states. Insight is owned by private equity firms the Carlyle Group, Crestview Partners and MidOcean Partners.
June 16, 2011 |
Federal Communications Commission Chairman Julius Genachowski gently prodded telecommunications companies to build out their broadband networks in order to dramatically increase the number of homes that have access to high-speed Internet. The effort is vital to the nation's economic health, Genachowski told several hundred people attending the National Cable & Telecommunications Assn. annual convention in Chicago on Wednesday. About 67% of the country's homes now have high-speed or broadband Internet, he said.
December 20, 2010 |
Federal officials are set to enact the first broad regulations covering high-speed Internet access amid a heated debate about whether the rules would preserve the online world or destroy it. The vote by the Federal Communications Commission is the culmination of more than five years of battling over how best to preserve the free flow of information that has transformed the Internet from an obscure government network to an economic powerhouse....
October 19, 2010 |
James Pelletier was not a happy camper Sunday. The 31-year-old Brooklyn logistics director was looking forward to watching the New York Giants battle the Detroit Lions, only to learn that his cable company ? Cablevision Systems Corp. ? was no longer carrying the local Fox TV station that was airing the football game. "I actually just bought my first big-screen TV. I was really looking forward to watching the Giants," Pelletier said. "It's pretty upsetting. " He's not alone.
September 27, 2010 |
Comcast Corp.'s second-in-command, Steve Burke, will become chief executive of NBC Universal when the merger of the entertainment assets of Comcast and General Electric Co. is complete, the two companies announced Sunday. Burke, 52, will succeed Jeff Zucker, 45, who said Friday that he would step down when Philadelphia-based Comcast assumes control of NBC Universal, which is expected to happen late this year or early 2011. The two companies are awaiting the federal government's approval of their $30-billion transaction.
August 24, 2010 |
Santa Monica resident Dan Sanders was interested in a fully monogamous relationship with Verizon Communications. He already received phone and Internet service from the company. Now he wanted to add TV to the mix. Sanders, 53, was in luck. Verizon was offering a sweet-as-you-please deal of $89.99 per month for the first year of bundled TV-phone-Internet service. But Sanders knew better. He wanted to know how much the monthly cost would be with all the taxes and fees included.
July 13, 2010 |
Looks like the cable industry is finally responding to the threat of cut-rate online alternatives such as YouTube and Hulu. No, that doesn't mean cable companies will at last allow people to pay only for the channels they want to watch and not stick them with hundreds they don't. But it may soon mean smaller, cheaper packages that could lower your monthly bill. Cable insiders have been telling me for months that smaller packages are in the works. Now a senior industry figure has spoken publicly about the prospect.
May 9, 2010 |
When an executive runs a company whose success depends on stars — whether they are richly rewarded TV news anchors or generously compensated movie idols — it is only fitting that the boss is paid, well, like a star. Call it the Katie Co uric Syndrome. That's one take-away from a Los Angeles Times survey of compensation packages of media and entertainment company executives. While the nation's CEOs in general typically saw their earnings slip in 2009, the men — and they're all men — at the top of the conglomerates that operate the TV networks, movie studios, cable systems and other outposts of the media world continued to command pay packages on par with, and in some cases far higher than, A-list actors.
April 27, 2010 |
A battle is about to erupt between federal regulators and telecom companies, and nothing less than the future of the Internet could be on the line. At issue is a seemingly benign question: Is the Net an information service or a telecommunication service? As it stands, high-speed Internet service is classified by the Federal Communications Commission as a "Title I" information service in the same way that Google is an information service. This means broadband providers such as phone and cable companies are only lightly regulated by the agency.