Sep. 5, 2013, 3:09 PM
- Time Warner Cable (TWC -0.9%) wins the rights to offer programming from AMC Networks to customers outside of their homes.
- Shows such as Mad Men and Breaking Bad will be available to TWC subscribers through smartphones and tablets.
- The ability for cable companies to strike deals with programmers for out-of-home viewing is critical to keep their apps competitive with alternatives such as Netflix and Hulu as well as new online startups.
Sep. 3, 2013, 1:09 PM
- Cable operators, satellite firms, and telcos lost a total of 366K video subscribers during Q2, according to SNL Kagan.
- The tally from the firm is consistent with the drop other researchers tabulated and shows an increase in losses from Q1.
- The trend looks even worse on a penetration basis if the pickup in housing units is factored in.
- Related stocks: DISH, DTV, CHTR, CVC, TWC, VZ, T, CMCSA.
Sep. 3, 2013, 7:27 AM
- The deal hashed out by CBS (CBS) and Time Warner Cable (TWC) leaned decisively in the favor of the broadcaster, according to analysis.
- Though the approach of the NFL football was a big consideration, it was the renegotiated carriage deal between CBS and Verizon that cut into the cable operator's leverage unexpectedly.
- Terms of the deal weren't disclosed, but most analysts think the monthly carriage rate per subscriber for CBS programming came in a rate that will help other broadcasters in their own upcoming negotiations.
- On watch: FOXA, DIS, CMCSA, VIAB, AMCX
Sep. 3, 2013, 3:07 AM
- Time Warner Cable (TWC) has resumed broadcasting CBS (CBS) programming after the two companies agreed to a new deal on transmission fees following a month-long blackout.
- While the terms of the contract weren't disclosed, CBS reportedly won a big increase in tariffs, although below the $2 a month per subscriber it was seeking.
- The agreement excludes most "out-of-home" rights that allow viewers to watch shows on tablets and mobile phones.
- TWC had wanted the deal to include digital rights at no extra cost, while CBS wanted flexibility to negotiate licensing agreements with other players. CBS CEO Lesley Moonves said his company would "have the ability" to make money from its content "on all the new developing platforms that are right now transforming the way people watch television." (PR)
Aug. 29, 2013, 2:08 PM
- A report by research firm SNL Financial delves into the details of the negotiations between CBS (CBS +0.1%) and Time Warner Cable (TWC -0.1%) over retransmission fees.
- CBS wants $2 per TWC subscriber each month compared to the $0.65-$0.75 it was earning under the old contract.
- If CBS lands a hefty figure it could lead to a significant upward revision of earnings estimates across the broadcasting sector (CMCSA, DIS, FOXA, CBS, AMCX, VIAB).
Aug. 28, 2013, 1:29 PM
- Though the FCC says it's involved in trying to resolve the dispute between CBS (CBS +1%) and Time Warner Cable (TWC +0.5%) that has kept TWC subscribers in several major cities blacked out of CBS programming, what weight the agency can bring to the negotiations is far from clear.
- If the stalemate continues into the regular season NFL season, BTIG thinks DirecTV (DTV) could be the wildcard by giving free access to Sunday Ticket for affected TWC subscribers.
Aug. 28, 2013, 3:37 AM
- The Federal Communications Commission is working to resolve the fee dispute between CBS (CBS) and Time Warner Cable (TWC) that's prevented 3M of the latter's customers from receiving CBS programming since August 2.
- The FCC is trying to play the peacemaker despite acting chairwoman Mignon Clyburn saying that the agency doesn't have the power to intervene.
- The sides basically have until September 8 to reach a deal, when CBS is due to broadcast its first NFL game of the season.
Aug. 27, 2013, 3:41 PM
- The leverage between broadcasters (CMCSA, DIS, FXA, CBS, AMCX, VIAB) and the cable/satellite industry (TWC, CVC, CMCSA, CHTR, DTV, DISH) is so lopsided that BTIG says it feels as if the bazooka-carrying armored broadcasters are battling a cable/satellite group only carrying paper swords. A scenario that detriments U.S. consumers.
- One solution proposed by BTIG is to allow retransmission fees to be negotiated in each market by the entire group via a little Congressional intervention. Not a perfect solution if major broadcasters decide to turn into cable networks, but potentially a workable one.
- What to watch: It's only 9 days before NFL football starts and CBS vs. TWC goes to Defcon 1.
Aug. 23, 2013, 12:21 PM
- Time Warner Cable (TWC -0.6%) says subscribers in New York, Los Angeles, and Dallas can receive free indoor antennas at TWC retail locations or receive a $20 credit that will be able to be used at Best Buy (BBY +1%) locations.
- The move give the cable operator a little bit of leverage as the NFL season approaches, although stepping over the gridiron Rubicon is still considered an unwise move by media analysts.
Aug. 22, 2013, 7:06 AM| Aug. 22, 2013, 7:06 AM | Comment!
Aug. 21, 2013, 3:23 PM
- Disney (DIS -0.5%) says it will consider giving access to ESPN programming to online TV ventures similar to those being developed by Sony, Google, and Intel.
- The key question is which events and what ESPN networks would be rolled into an online package from a tech giant aimed at disrupting the cable/satellite model (TWC, CHTR, CMCSA, DTV, DISH, CVC). In the past, sports have been viewed as keeping cord-cutting at bay.
- The development looks particularly interesting following shortly after an announcement on a promising Sony-Viacom content deal and Google-NFL flirtation buzz.
- The big picture: It's too early in the game to forecast a media/tech winner in the race to offer a broad online TV service, but owning shares of a NFL team might end up being the best investment of them all.
Aug. 20, 2013, 12:52 PM
- Federal Trade Commission member Joshua Wright wants the FTC to be the agency to oversee net neutrality rules instead of the FCC.
- If the regulatory switcheroo takes place, the FTC could step in and out of battles with Internet providers in a more nimbe fashion than the FCC.
- Consumer advocacy group prefer the firm hand of the FCC, while many large tech/media concerns (TWC, CMCSA, VZ, T) feel more comfortable with the FTC.
Aug. 19, 2013, 2:50 PM
- There's "too much at stake" for a resolution between Time Warner Cable (TWC -0.6%) and CBS (CBS -1%) not to happen before the start of the NFL season, according to media analysts.
- Reports on backroom negotiations tip off that questions on digital rights of content are just as big of a concern to the media players as retransmission fees.
Aug. 16, 2013, 1:22 PM
- Progress toward a resolution in the fight between CBS (CBS -0.3%) and Time Warner Cable (TWC -0.2%) appears to be slow with neither side nor regulators delivering the leverage to get a deal worked out.
- So far, the pain on both sides has been limited. CBS won last week's ratings war even without TWC subscribers in New York and L.A. contributing, while Time Warner Cable reports it hasn't seen significant defections.
- Industry analysts think the beginning of NFL football will see the U.S. Congress intervene in the affair to write new legislation that could potentially alter the landscape of the industry.
Aug. 16, 2013, 3:26 AM
- Fox's (FOXA) national sports channel is due to launch tomorrow morning "with every major distributor on board," including DirecTV (DTV), Dish Network (DISH) and Time Warner Cable (TWC), as well as Comcast (CMCSA) and AT&T (T).
- Fox reportedly persuaded the TV companies to sign up after agreeing not to raise the price of $0.23 per subscriber they were paying for Speed, the auto-racing network that Fox Sports 1 is replacing. Fox had initially asked for $0.80.
- The new channel will reach 90M households and its line-up will include college football and Major League Baseball.
- However, Fox Sports 1 faces major competition from Disney's (DIS) money making machine, ESPN, which, as Fox Sports executive Randy Freer admits, "has a 30-year head start and an astronomical revenue stream."
Aug. 15, 2013, 10:10 AM
- Comcast (CMCSA -1.8%) and Time Warner Cable (TWC -1.2%) form a joint venture to develop software for next-generation set-top boxes.
- The entity will be called RDK Management and will continue licensing a RDK software bundle created by Comcast in an effort to form a common protocol for future video services.
Time Warner Cable Inc provides video, high-speed data and voice services. The Company also offers security and home management services, networking and transport services and enterprise-class, cloud-enabled hosting, managed applications and services.
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