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.
December 8, 2011 |
Call it a cable squeeze play. Cable television networks may be the most lucrative divisions of many large media companies, but the networks are beginning to feel the pinch of dramatically higher programming costs. In 2006, TV sports giant ESPN spent $3.5 billion on programming for its flagship channel. This year, the channel's content costs have mushroomed to $5.2 billion — a nearly 50% jump from five years ago, according to consulting firm SNL Kagan. Programming expenses for Time Warner Inc.'s TNT channel have soared 55% since 2006 to $1.1 billion this year, propelled by sports rights fees for NBA and NCAA basketball as well as a lineup of original dramas including "The Closer" and "Falling Skies.
September 21, 2012 |
After years of on-again, off-again negotiations, Time Warner Cable has finally struck a deal with the National Football League to carry the NFL Network and its sister channel called RedZone. The cable giant, which has 12 million subscribers, many of whom reside in New York and Los Angeles, was the last big pay-TV distributor not carrying the channels. Under the terms of the deal, the NFL Network will be placed on Time Warner Cable's most widely distributed programming package.
August 14, 2013 |
Fox Sports 1 has struck agreements with three major distributors that will ensure that the new cable network will be available in the majority of pay-TV homes when the network launches this Saturday, people familiar with the matter said. The three carriers -- satellite broadcasters DirecTV and Dish and cable operator Time Warner Cable -- all have agreed to carry Fox Sports 1 when it launches. Those three distributors combined reach over 40 million homes. A Time Warner Cable spokeswoman said it would have the channel on its systems when it launches.
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.
January 22, 2013 |
With Time Warner Cable putting the finishing touches on a new partnership with the Los Angeles Dodgers, the next question is what will happen to the team's current TV home, News Corp.'s Prime Ticket. Besides the Dodgers, Prime Ticket also has rights to the red-hot Clippers basketball franchise and Ducks hockey team. Its other Los Angeles sports channel -- Fox Sports West -- carries the Angels and Stanley Cup Champion Kings A Fox insider said there are no plans to consolidate Prime Ticket and Fox Sports West into one channel.