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.
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.
July 19, 2013 |
The FCC released a few details of its upcoming report on the state of video competition, which shows that the cable industry continues to lose subscribers to other pay-TV distributors including satellite broadcasters. From the end of 2010 to June last year, the number of pay-TV subscribers increased slightly to 101 million from 100.8 million, less than a percentage point, the FCC said Friday. However, cable's share of subscribers fell to 55.7% from 59.3% at the end of 2011. PHOTOS: Cable versus broadcast ratings Satellite TV firms increased their share to 33.6% from 33.1%, but growth was faster for the telecom companies.
April 9, 2013 |
News Corp. Chief Operating Officer Chase Carey made big headlines Monday for suggesting that Fox could go from a broadcast network to cable channel to make ends meet. The implication is that consumers would have to pay to watch Bart Simpson or catch some NFL football on Sunday afternoons. But for all intents and purpose, Fox is already a cable channel and has been for a long time. Yes, about 10% to 15% of the country's TV consumers still get Fox via antennas, but everyone else receives its signals from a pay-TV provider such as Time Warner Cable or DirecTV.
March 29, 2013 |
CBS and News Corp. apparently aren't worried about cord cutters. Both companies are making investments in pay-television channels at a time when the very business model on which the industry is built faces challenges from changing consumer habits and legal battles. This week, CBS agreed to plunk down $100 million for half of the TV Guide Network and News Corp. announced it was creating FXX, a sister channel to its FX network. FXX is the second major cable initiative News Corp. has in the works: The company also is building a national sports network called Fox Sports 1 that will debut later this year.
March 28, 2013 |
CBS Corp. this week acquired 50% of TV Guide Network for a relative bargain - a little more than $100 million. Consider that Al Jazeera, the Qatar-based media company, paid roughly five times more - a reported $500 million - to buy Current TV, the channel co-founded by Al Gore. Current was available in about 50 million homes in the U.S., and Al Jazeera saw the purchase as an efficient way to increase its distribution after struggling for years to gain carriage on U.S. cable systems.