September 11, 2013 |
Time Warner Cable lost subscribers when CBS pulled the signals of its local TV stations in New York, Los Angeles and Dallas, the pay-TV distributor's chief operating officer said. "There was a fair amount of pain we had to endure," said Rob Marcus, who next year will succeed Glenn Britt as chairman and chief executive of the cable operator. Speaking at the Bank of America Merrill Lynch 2013 Media, Communications & Entertainment Conference, Marcus declined to provide specifics on how many subscribers the cable giant lost because of the blackout, which ended last week, or the terms of the new deal with CBS. "It definitely had a subscriber impact.
November 29, 2012 |
Sprint has it. Verizon has it. AT&T has it. And next week, T-Mobile might announce it is getting it too. We're talking about the iPhone, of course. In a recent note to investors, Merrill Lynch analyst Scott Craig said "speculation is heightening" that T-Mobile USA's parent company Deutsche Telecom will announce a deal to make the iPhone available to T-Mobile users as early as next week, Fortune reports . Quiz: What set the Internet on fire in 2012? If the speculation is accurate, loyal T-Mobile subscribers will soon have a shot at getting their very own iPhone, without having to change carriers, or go through the rigamarol of buying an unlocked phone somewhere else.
CALIFORNIA | LOCAL
December 6, 2013 |
A Los Angeles County grand jury has indicted eight people in connection with a home burglary ring that targeted Los Angeles Times subscribers who were on vacation. The defendants are charged with multiple counts each of first-degree residential burglary, receiving stolen property and conspiracy. Prosecutors say the group stole an estimated $1 million in dozens of burglaries in Los Angeles and San Bernardino counties. The 39-page indictment unsealed Friday by Los Angeles County Superior Judge Charlaine Olamedo names the defendants as Randal Joseph Whitmore, 44; Duane Vantuinen, 52; Joshua Ray Box, 44; Lorraine Marlene Vasquez, 41; Cory Mulligan, 22; Brian Thomas Duran, 42; Margaret Mary Susan High, 29; and Edwin Lynn Valentine, 53. The investigation started last year after a traffic stop on June 24, 2012, during which, police say, they discovered stolen property inside a car driven by Whitmore.
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.
CALIFORNIA | LOCAL
January 30, 2013 |
Four men have been arrested on suspicion of burglarizing the homes of Los Angeles Times newspaper subscribers who were on vacation, according to the Los Angeles County Sheriff's Department. The burglars allegedly stole $1 million in property over the last three years. Detectives said one of the suspects obtained lists of subscribers who had submitted "vacation holds" to a vendor that distributes newspapers for The Times. Officials said they have identified 25 victims but believe there are more than 100. Sgt. Michael Maher of the sheriff's Major Crimes Bureau said most of the break-ins occurred along the 210 Freeway in eastern L.A. County and western San Bernardino County.
October 21, 2013 |
Netflix has surpassed rival HBO in domestic subscribers in the third quarter, a milestone it credits to buzz surrounding such original series as "Orange Is the New Black," the Emmy nominations for the political drama, "House of Cards," and its exclusive content. The online movie and television subscription service reached 31 million subscribers in the U.S., compared with 28.7 million domestic subscribers for HBO, according to SNL Kagan. " 'Orange Is the New Black' has been a tremendous success for us," said Chief Executive Reed Hastings in a note to investors.