Latest in Cable

MoffettNathanson Research said a sharp decline in pay TV subscribers last quarter "raises the possibility of a rapid death spiral for the entire category" in a searing report released Friday that describes COVID-19 accelerating trends toward SVOD and AVOD. "It has been often observed these past few months that crises…

With most media and entertainment companies in cutback mode due to the coronavirus, Charter Communications has promised not to implement layoffs or furloughs for at least the next 60 days. The No. 2 U.S. cable operator and a major supplier of broadband internet access said it is making the promise as part of an…

Viacom has renewed its cable license deals for NBCUniversal’s Parks and Recreation and The Office through 2024 and 2025, respectively. Comedy Central will keep exclusive cable rights to The Office through 2021. Parks will on Comedy Central through 2024. The pacts come two months after Viacom secured cable rights to Sei…

Comcast reported strong overall results for the third quarter, with earnings per share of 79 cents and total revenue of $26.83 billion, as cable results overcame softness at NBCUniversal. The consensus estimate of Wall Street analysts was for earnings per share of 74 cents and revenue of $26.77 billion. The Cable…

The largest pay-TV providers in the U.S. saw video subscriber losses more than triple to 1.53 million in the second quarter, according to the latest report from Leichtman Research Group. The tally marks is up dramatically from the 420,000 losses in the second quarter of 2018. LRG based the figures on its findings for…

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…