Latest in Cable

UPDATED with stock movement. Comcast, which reported strong third-quarter results that beat Wall Street forecasts, is leaning into areas where some rivals are struggling: traditional broadcast and cable TV as well as pay-TV distribution. “Despite all of the factors that make it look like a less-good business in the…

Executives at major cable operator Charter Communications joined with Connecticut Gov. Daniel P. Malloy and other officials today to announce plans for a new 15-story headquarters building in Stamford. The company says the project will create 1,100 permanent jobs for the state’s battered economy. The new building at…

There’s good news, kinda, for cable operators in the latest American Customer Satisfaction Index. The industry has stopped the two-year slide in consumer ratings scores with a 3.2% increase for their pay TV services and a 1.6% increase for internet services. The problem? The scores of 65 for TV and 64 for internet put…

This is Wall Street’s biggest concern about Big Media: If the pace of cord cutting and other strategies to pay less for TV is accelerating, then prospects for programmers, networks and distributors become dreary. But while analysts differ about the trends, some who follow pay TV distributors say it’s time to relax…

It’s time again for cable and broadband providers’ annual slap in the face — even as Comcast and others say that they’re really, really, really improving customer service. Still, subscribers are more unhappy than ever, according to the latest American Customer Satisfaction Index, as prices rise and appealing…

After a big push into content ownership among the broadcast networks in the early 2000s, they loosened the grip, resulting in several megahits from non-affiliated studios, including the biggest comedies on television, CBS' The Big Bang Theory and Modern Family. The tide slowly started to turn the past couple of…

Big cable operators took a punch to the solar plexus this morning, at least as far as Wall Street is concerned. MoffettNathanson Research’s Craig Moffett — a regular among Institutional Investor‘s annual list of top cable analysts, and a longtime industry supporter — downgraded Comcast, Time Warner Cable and Charter…

The trend lines have been headed toward each other for years and finally crossed in Q2: Cable companies had 49.915M broadband subs and 49.910M video ones at the end of June, Leichtman Research Group President Bruce Leichtman reports this morning. “With the addition of more than 30M broadband subscribers over the past…

That’s the question of the day in telecom after tiny Windstream Holdings said it plans to take advantage of the tax-cutting strategy. That sent its shares up 13.9% in mid-day trading, and boosted most other cable and telecom company stocks on a relatively flat day for the market. Windstream took everybody by surprise…

The Netflix fans on Wall Street who’ve helped its stock price rise 500% over the last 12 months to hover around its all-time highs have two fantasies about the streaming service. Some imagine that it will grow into a popular haven for people who want to cut the cord with cable or satellite’s TV services, attracting…

If you think cable companies already have too much power, just wait. Over the next five years or so the industry “will consolidate to around 3-4 dominant cable operators, which will have sizeable footprints,” Moody’s Investors Service SVP Neil Begley says in a report today. The big guys will start to snap up smaller…

That wasn’t the precise topic of the Senate Commerce Committee hearing today. (It had the boring title: “The Cable Act at 20.”) But the question — as well as ones about whether the federal government over-regulates media — bubbled underneath the discussion of problems including higher-than-inflation annual pay TV…