November 26, 2013 |
Just a few weeks ago Time Warner Cable was considered a laggard of the pay-TV industry. Now, the nation's second-largest cable provider is one of the hottest properties around. Not only is Charter Communications (with help from equity owner Liberty Media Corp.) interested in acquiring Time Warner Cable, but Comcast Corp. may want to make a run at all or some of the company, which boasts about 11 million subscribers around the country. Cox Communications is considering kicking the tires of Time Warner Cable as well.
November 23, 2013 |
Time Warner Cable might have its own cord cut. Two big cable operators - Comcast Corp. and Charter Communications - are interested in acquiring Time Warner Cable, the nation's second-largest cable operator, which boasts more than 1 million customers in Los Angeles and an additional 11 million around the country. Any combination would reduce the menu of providers in California; Charter provides service to Long Beach, Burbank and Alhambra, and Comcast has customers in the northern and central regions of the state.
November 6, 2013 |
Time Warner Inc. said its profit grew by 44% in the third quarter while revenue remained flat. The media giant, whose holdings include Warner Bros., HBO and Turner Broadcasting, posted profit of $1.18 billion thanks to its cable unit as well as reduced programming costs and gains from an acquisition. Revenue for the quarter was $6.9 billion. Time Warner's cable unit, particularly the Turner networks (TNT, TBS, TruTV) had a strong quarter, with revenue increasing by 5% to $3.8 billion thanks to increases in advertising and subscription fees.
November 1, 2013 |
We hate to kick a company when it's down, unless it's a cable company. Especially if it's Time Warner Cable, which ruthlessly used its customers as hostages last summer in a knock-down, drag-out battle with CBS over cable retransmission fees. Remember that time? The cable firm turned off access to all CBS network programming, as well as Showtime, the CBS-owned premium cable channel. It refused to to compensate subscribers for the loss of the network programming, though it rebated a few bucks for Showtime, which customers pay extra for. The blackout lasted 30 days, ending just before the pro football season started with games on CBS. That was pretty much what experts thought would happen, which meant Time Warner Cable put its subscribers through the wringer to end up more or less where it began.
October 28, 2013 |
Internet speeds are about to double for Time Warner Cable's premium customers in Los Angeles. After first introducing super-speeds in Kansas City, Mo. and Kan., where Time Warner Cable is competing with Google Fiber, the company is increasing its Web service from 50 megabits per second to 100 megabits per second for its "Ultimate" service customers in the L.A. market without increasing prices. The high-end offering is listed at $75 a month. The upgrade is also rolling out to New York City and Hawaii by the end of the year.
October 24, 2013 |
Time Warner Cable, one of the nation's biggest pay-TV distributors with millions of subscribers in New York and Los Angeles, has agreed to carry the news channel Al Jazeera America. The agreement, unveiled Thursday, means that the channel, owned by the Qatar-based media company Al Jazeera, will reach a total of nearly 55 million homes. "It has been a pleasure working with TWC over the past few months as their executives evaluated our programming and commitment to fact-based, in-depth reporting," Ehab Al Shihabi, Al Jazeera America's interim chief executive, said in a statement. PHOTOS: Cable versus broadcast ratings Financial terms were not disclosed.
October 16, 2013 |
The artsy cable network Ovation has something to clap about. Beginning in January, Ovation will be available in about 9 million homes that have Time Warner Cable digital packages. The cable company had been carrying the independent Santa Monica channel but dropped it in January, saying Ovation was one of its least-watched channels. As part of the agreement to restore carriage, Ovation agreed to significantly bolster its slate of original programming dedicated to the arts.
October 9, 2013 |
Spanish-language media giant Univision Communications and Time Warner Cable have signed a new, multiyear distribution deal that includes carriage of several of Univision's new networks including the highly anticipated El Rey Network. The companies unveiled the agreement Wednesday afternoon. Financial terms were not disclosed, but the pact came well in advance of the expiration of the companies' current arrangement and was not contentious. The arrangement provides continued distribution for the main Univision broadcast network, its secondary network UniMás and cable entertainment channel Galavisión, plus a slate of new networks: Univision Deportes, telenovela network Univision tlNovelas, and FOROtv, a feed of the Mexico City-based news network owned by Grupo Televisa, which holds a minority stake in Univision.
September 19, 2013 |
Time Warner Cable Deportes will be broadcasting City Section football games live this season starting with Friday night's game between Miguel Contreras and Santee at 7 p.m. Other confirmed games: San Fernando vs. Van Nuys on Sept. 27; Huntington Park vs. South Gate on Oct. 4; Roosevelt vs. Garfield on Nov. 1, and Franklin vs. Lincoln on Nov. 8. The network also has a weekly prep program in Spanish, "LAPREPA," on Monday nights at 7 p.m. Eric.email@example.com
September 11, 2013 |
CBS Chief Executive Leslie Moonves said the monthlong blackout of the network's TV stations in more than 3 million Time Warner Cable homes won't hurt the company's bottom line. Speaking at the Bank of America/Merrill Lynch Media Communications and Entertainment Conference, Moonves replied "virtually nothing" when asked what the economic implications were of the blackout, which ended last week. Moonves said CBS was sorry about the outage and the headaches it caused consumers, and he added that he thought what happened with Time Warner Cable will "make these negotiations less contentious.