September 3, 2013 |
Cord-cutting continues to nibble away at the U.S. pay-TV industry. According to a SNL Kagan report released Tuesday, the industry suffered a net loss of 217,000 subscribers in the second quarter of this year compared to the same period last year. The report also showed that traditional cable companies -- including Time Warner Cable -- are losing more subscribers to satellite and telecommunications competitors that also offer video service. The report illustrated why Time Warner Cable had little choice but to settle its contentious dispute with CBS Corp., which led to a monthlong blackout of CBS-owned stations in Los Angeles, New York and Dallas.
November 6, 2009 |
The cost of travel has really gone through the roof. Scripps Networks Interactive Inc. has bought a majority stake in the Travel Channel from Cox Communications Inc. in a cash-and-debt deal that values the little-watched cable network at $975 million. Scripps is betting the channel will be a good fit with its other lifestyle networks, including Home & Garden TV and its majority stake in Food Network (which also counts Los Angeles Times parent Tribune Co. as an owner). The steep price caught many analysts by surprise.
September 6, 2012 |
The National Football League has struck a deal with Google Fiber for carriage of its two cable channels on the search engine's new broadband distribution service it launched in Kansas City, Mo., and Kansas City, Kan. For the NFL, the deal is another opportunity to take a shot at Time Warner Cable, the only major pay-TV distributor that is not yet carrying the NFL Network or its sister channel RedZone. Time Warner Cable is the cable operator Google is competing with in that region.
December 8, 2011 |
News Corp. Chief Operating Officer Chase Carey hinted that the programming giant would oppose any push from pay-television providers to put sports channels on a specialty tier. The topic of moving big sports channels such as ESPN and regional sports networks - of which News Corp.'s Fox owns 19 - has heated up in recent weeks. With sports rights costs rising, cable and satellite operators are fearing a backlash from consumers - particularly non-sports fans - when bills go up. However, programmers are against specialty tiers devoted to sports channels because it would mean reaching fewer potential viewers and hurt advertising.
August 7, 2010 |
Jamie McCourt wants a percentage share of the revenue the Dodgers might generate in coming years from television and land development, but calculating what that revenue might be is far from simple. The Dodgers have explored launching two cable sports channels in 2014, one in English and one in Spanish, similar to outlets owned by the New York Yankees (the YES network) and the Boston Red Sox ( NESN). According to court filings, the Dodgers' net television revenue is projected to jump from $41 million in 2013, the final year of the current contract with Fox, to $158 million in 2014 and $235 million in 2018.
August 22, 2009 |
Will rock and roll chef Anthony Bourdain come work in the commissary as part of a deal? That might be what some of the major media conglomerates kicking the tires of Cox Communications Inc.'s Travel Channel are wondering. The auction for the channel, whose biggest show is Bourdain's "No Reservations," is underway and the usual suspects are taking a look. Among those interested in the network are NBC Universal, Scripps Network and even News Corp., according to news reports. The price tag being bandied about is in the neighborhood of $700 million.