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.
July 7, 2010 |
It's nice to be wanted, especially when you almost weren't. Last year, Rupert Murdoch's media leviathan News Corp. tried to unload its guppy-scale cable channel Fuel TV, which operates out of a hulking office building in West Los Angeles within earshot of the 405 Freeway. But after months of back-and-forth with the would-be buyer, MTV Networks parent Viacom Inc., News Corp.'s Fox executives decided to keep Fuel TV. The 7-year-old TV channel is available in only about 30 million homes, a little more than a quarter of all U.S. households with cable or satellite TV. That's a small footprint, but lately Fuel TV — which targets boys and young men and focuses on the action sports of skateboarding, snowboarding, surfing, BMX biking, motocross and wakeboarding — has been finding its own mojo.
April 19, 2011 |
After negotiating seriously with ESPN and Turner Sports, the NHL signed a new 10-year television deal that will keep games on NBC and Versus, where they have been for six years. The deal is worth $2 billion, according to two people with knowledge of the negotiations who could not speak publicly. In the expiring contract, Versus paid the NHL about $75 million per year. NBC, however, split profits with the league and paid no rights fees. That will change, although Dick Ebersol, chairman of the NBC Sports Group, declined to be specific Tuesday.
December 18, 2012 |
Time Warner Cable plans to drop the small Santa Monica-based channel Ovation from its programming lineup at year's end -- a blow to the independent network that has attempted to elevate TV coverage of the arts and contemporary culture. The nation's second-largest cable television provider said its decision came down to simple economics. There hasn't been enough demand for the channel, which was seeking a modest rate increase when negotiations over a new distribution agreement stalled several months ago. “Steeply escalating programming costs are forcing us to closely assess each network as it comes up for renewal,” Time Warner Cable said Tuesday in a statement.