Charter Communications, Inc. (CHTR) - NASDAQ
  • Nov. 13, 2014, 8:46 PM
    • Sony's (NYSE:SNE) new online TV package will price at $60 to $70 per month, estimates Re/code.
    • It's a level that is twice what Dish Network (NASDAQ:DISH) plans to charge for a slimmer package, although one that includes ESPN.
    • Programming on the Sony streaming service will feature shows from CBS, Discovery Communications, Fox, NBC, Scripps Networks, and Viacom.
    • The pitch from the Japanese media giant is that cord-cutters will be drawn in by the captivating way of accessing the content through gaming consoles. A cutting-edge discovery and recommendations service for users is also highlighted by execs.
    • Regulatory watch: Potential rule changes from the FCC could level the playing field for the new streamers as they work out their content deals.
    • What to watch: A fragmented pay-TV landscape could benefit content producers (DISCA, CBS, FOXA, DIS, LGF, TWX, AMCX) in the short-term as competition heats up, while creating a pricing headache for cable/satellite/telco players (CMCSA, CVC, CHTR, DISH, T, DTV, VZ, TWC).
    • The Netflix factor: Many media analysts consider Netflix (NASDAQ:NFLX) an add-on for consumers - instead of an either/or decision with online TV.
    | Nov. 13, 2014, 8:46 PM | 32 Comments
  • Nov. 13, 2014, 3:12 AM
    • Comcast (NASDAQ:CMCSA) is pushing "full steam ahead" with its acquisition of Time Warner Cable (NYSE:TWC), despite the regulatory review process and looming regulation governing net neutrality.
    • Comcast expected the deal to be completed “sometime in the first quarter and we still believe that today,” says CEO Brian Roberts.
    • Roberts reiterated that Comcast opposes the proposals to classify broadband providers as utilities, which would endanger the company's plans to spend tens of billions of dollars to upgrade its networks.
    | Nov. 13, 2014, 3:12 AM
  • Oct. 30, 2014, 7:46 AM
    • Time Warner Cable (NYSE:TWC) reports residential video revenue fell 4% Y/Y to $2.497B in Q3.
    • Residential high-speed data revenue +10.9% to $1.62B.
    • Programming and content costs +9.6% to $1.326B.
    • Average monthly programming costs per residential video subscriber +11.1% to $38.96.
    • High-speed data net additions +108K to 11.51M.
    • Total customer relationships -18K Q/Q to 14.457M. Triple play customers -24K over the quarter.
    | Oct. 30, 2014, 7:46 AM
  • Oct. 30, 2014, 6:04 AM
    • Time Warner Cable (NYSE:TWC): Q3 EPS of $1.86 misses by $0.05.
    • Revenue of $5.71B (+3.4% Y/Y) misses by $40M.
    | Oct. 30, 2014, 6:04 AM
  • Oct. 29, 2014, 3:45 PM
    • Charter Communications (CHTR -2.5%) intends to sell $1.5B worth of junk bonds, according to Bloomberg.
    • The company says part of the funds will be earmarked to purchase cable assets associated with Time Warner Cable's video customers.
    | Oct. 29, 2014, 3:45 PM
  • Oct. 29, 2014, 1:22 PM
    • A bid by Aereo to be defined as a cable provider gained support from the FCC with a new proposal out this week which was described in a blog post written by Chairman Tom Wheeler.
    • The agency supports "open access" for consumers to high-speed broadband delivery and the right of over-the-top firms to offer programming owned by pay-TV providers and broadcasters.
    • In essence, the FCC thinks the bundled pay-TV model should be broken so that consumers will not be forced to pay for channels they never watch.
    • What to watch: Though Aero isn't likely to be the ultimate pay-TV disrupter without the deep pockets to license content, the position of the FCC opens the door for other Internet video players to emerge and chips away at the bundled channels model.
    • Related stocks: DISH, DTV, CMCSA, CHTR, CVC, TWC, VZ, T, NFLX.
    | Oct. 29, 2014, 1:22 PM | 9 Comments
  • Oct. 29, 2014, 8:08 AM
    • Charter Communications (NASDAQ:CHTR) reports a 5% gain in residential customer relationships to 5.768M during Q3.
    • Non-video customers +22% to 1.61M.
    • Triple-play penetration +40 bps to 32.6%.
    • Monthly revenue per residential customer +2% to $110.81.
    • Revenue breakdown: Video +5.9% to $1.11B, Internet +13.4% to $652M, Voice -12.4% to $141M, Commercial +17.7% to $253M, Advertising +16.0% to $87M.
    | Oct. 29, 2014, 8:08 AM
  • Oct. 29, 2014, 7:55 AM
    • Charter Communications (NASDAQ:CHTR): Q3 EPS of -$0.49 may not be comparable to consensus of $0.07.
    • Revenue of $2.29B (+8.0% Y/Y) in-line.
    | Oct. 29, 2014, 7:55 AM
  • Oct. 24, 2014, 12:49 PM
    • The current share prices of Time Warner Cable (TWC +2.1%) and Comcast (CMCSA +2.2%) indicate the market is rating the odds of an approved merger by the FCC and DOJ at 75%, according to commentary from media analyst Craig Moffett.
    • Earlier this week, Dish Networks joined some pay-TV peers in slamming the deal in communications with regulators.
    • Execs with Comcast exuded confidence on the merger during the firm's earnings conference call yesterday.
    | Oct. 24, 2014, 12:49 PM | 3 Comments
  • Oct. 24, 2014, 11:30 AM
    | Oct. 24, 2014, 11:30 AM
  • Oct. 23, 2014, 10:23 AM
    • Time Warner Cable (NYSE:TWC) declares $0.75/share quarterly dividend, in line with previous.
    • Forward yield 2.17%
    • Payable Dec. 15; for shareholders of record Nov. 28; ex-div Nov. 26.
    | Oct. 23, 2014, 10:23 AM
  • Oct. 22, 2014, 12:43 PM
    • The FCC announces it will pause its review of the proposed Comcast (NASDAQ:CMCSA) - Time Warner Cable (NYSE:TWC) and DirecTV (NASDAQ:DTV) - AT&T (NYSE:T) mergers.
    • The delay is due in part to bickering over who has the right to see confidential carriage fee agreements involving the companies.
    • The agency says the informal 180-day time clock for the review has been halted.
    | Oct. 22, 2014, 12:43 PM
  • Oct. 17, 2014, 2:35 PM
    • Speculation in the media industry is that this week's news of HBO and CBS developing streaming options for consumers strengthens the case for regulatory approval of the Comcast - Time Warner Cable merger.
    • Consumers are expected to have more broadband options outside of traditional cable/telco in the near future with streaming proliferating.
    • Federal and state regulators are currently reviewing the implications of Comcast (CMCSA +2.4%) swallowing up Time Warner Cable (TWC +2.6%).
    | Oct. 17, 2014, 2:35 PM | 3 Comments
  • Oct. 15, 2014, 11:32 AM
    • Netflix (NFLX -2.6%) slid a little lower after Time Warner announced HBO would become a stand-alone service sometime in 2015.
    • Though it isn't clear how much of HBO's programming will migrate over to the OTT product, the mention of the "international possibilities" of a streaming HBO is enough to catch the attention of Netflix watchers.
    • The development also has implications for Hulu (DIS, CMCSA, FOXA) and Amazon (AMZN -1%) which could end us as delivery partners or direct streaming rivals, according to Re/code.
    • Pay-TV operators (CHTR, CVC, DISH, DTV) are in a bit of a box by the plan and may choose to play hardball with HBO.
    | Oct. 15, 2014, 11:32 AM | 4 Comments
  • Oct. 10, 2014, 11:22 AM
    • Time Warner Cable (NYSE:TWC) trades at $142.20 to mark a 7.20% discount to the level of Comcast's CMCSA offer to buy the company.
    • Merger arbitrage traders see more risk in the deal with other media companies lobbying regulators to take a hard line, reports Bloomberg.
    • An extension by the FCC of its review period has also put some investors on edge.
    | Oct. 10, 2014, 11:22 AM
  • Oct. 10, 2014, 7:43 AM
    • The top 40 cable channels have lost 3% of the subscribers over the last four years, according to data compiled by The Wall Street Journal.
    • ESPN (NYSE:DIS), TNT (NYSE:TWX), Nickelodeon (NASDAQ:VIAB), USA (NASDAQ:CMCSA) and CNN all shed more than 3% of their subscribers as consumers sought smaller bundles.
    • Basic plans with a trimmed list of channels account for 12% of all pay-TV subscriptions, up from a level of 8%-10% just a few years ago.
    • Related stocks: DISH, DTV, CHTR, CVC.
    | Oct. 10, 2014, 7:43 AM | 1 Comment
Company Description
Charter Communications, Inc. provides broadband communications services. Its services includes Spectrum TV™ video entertainment programming, Spectrum Internet™ access, and Spectrum Voice™. It's advertising sales and production services are sold under the Spectrum Reach™ brand. The... More
Sector: Services
Industry: CATV Systems
Country: United States