Tue, Sep. 23, 11:11 AM
- A new mini-bundle from AT&T (T -0.5%) aimed at cord-cutters and cord-nevers will include broadband services, select basic cable channels, HBO, and Amazon Prime.
- The service will be priced at an introductory rate of $40 per month for a year after which a strong upsell effort from the company would be expected.
- A slimmed-down package from Dish Networks is expected to debut before the end of the year.
- What to watch: Pay-TV industry executives have expressed confidence that the cheaper packages will attract new customers - instead of cannibalizing their base subscribers from the +$100/month level. It's a view not shared by some media analysts who warn of a new era of deal-hopping between pay-TV and broadband providers.
- Related pay-TV stocks: DISH, DTV, CHTR, CVC, CMCSA, TWC.
Wed, Sep. 17, 4:15 PM
- The Satellite Television Access and Viewer Rights Act was passed today by the Senate.
- The legislation allows satellite companies (DTV, DISH) to retransmit broadcast TV channels to rural customers outside of any market.
- A plan by some Senators to add some provisions to the bill on a la carte options for consumers died off over the last few days under some pressure from the pay-TV industry (CVC, CHTR, TWC, CMCSA).
- "It's too big a change to be swallowed," noted Senator Jay Rockefeller.
Wed, Sep. 10, 9:25 AM
- A number of Internet companies are staging an organized protest against the FCC's net neutrality proposal today.
- Though Twitter (NYSE:TWTR), Netflix (NASDAQ:NFLX), Mozilla, and Reddit aren't actually slowing down their websites, they are drawing attention to the current and suggested policies of broadband providers (CHTR, CVC, TWC, CMCSA, VZ) with loading icons dedicated to the cause of an open Internet.
- The proposed "fast-lane" premium pipeline for content providers would mark the end of Internet freedom, according to the group.
Mon, Sep. 8, 2:39 PM
- A new report from Nielsen puts some numbers to the escalating transition of TV viewing toward digital channels.
- In the key 18-34 year old demographic, digital video consumption rose 53% to 35 minutes a day.
- The digital growth rate was even higher for the 35-49 year old group with a 80% rise to 26 minutes a day.
- 50-64 year olds increased digital viewing by 60%.
- Live TV viewing dropped 1%-2% across age groups.
- Related stocks: CHTR, CVC, TWC, NFLX, DISH, DTV, VZ,
- Nielsen Cross-Platform Report
Thu, Sep. 4, 11:09 AM
- The entity set to be spun off by Comcast (CMCSA +0.3%) and Charter Communications (CHTR -0.5%) will be called GreatLand Connections, according to the cable firms.
- GreatLand Communications will launch with 2.5M customers in the Midwest and southeast part of the U.S. if the Comcast-TWC merger is approved by regulators.
- By subscriber count, GreatLand will be the 5th largest cable company in the U.S.
Sun, Aug. 24, 9:48 AM
- Charter Communications (NASDAQ:CHTR) confirms it was struck by an Internet outage which has affected customers in various parts of the U.S.
- The outage began late Saturday afternoon for an "unknown" reason.
- The company has drawn some criticism for not utilizing social media channels such as Twitter and Facebook to disseminate information about the service interruption.
- Charter outage map (current)
Thu, Aug. 21, 11:43 AM
- Hedge funds are having a difficult time of it again this year, up 1% vs. a 7.5% gain for the S&P 500, according to Goldman Sachs, which crunched the numbers on 775 funds with $1.9T in AUM.
- Nevertheless, Goldman's list of 50 stocks which "matter most" to hedge funds has outperformed the S&P 500 on a quarterly basis 66% of the time since 2001. The stocks this quarter (posted in order of the number of funds in which a name is a top-10 holding):
- ACT, AAPL, FB, AGN, AAL, GM, TWC, AIG, MSFT, HTZ, CHTR, MU, WMB, LNG, C, DAL, HCA, APC, CBS, ALLY, GOOGL, APD, NRF, BAC, EBAY, LBTYK, PCLN, VRX, BIDU, DTV, DISH, DG, EQIX, MA, WAG, ARCP, GILD, LINTA, MON, FOXA, VC, AMZN, BRK.A, BRK.B, SUNE, CMCSA, JPM, MIC, CCI, HES, LAMR.
- A special call-out to Northstar Realty (NYSE:NRF), Visteon (NYSE:VC), SunEdison (NYSE:SUNE), Macquarie Infrastructure (NYSE:MIC), and Lamar Advertising (NASDAQ:LAMR) for making the list of hedge fund hotels despite their relatively tiny market caps.
Tue, Aug. 19, 2:50 AM
- The National Association of Broadcasters has filed a lawsuit against the FCC's plans to auction off airwaves stating that the plan will incur expense and harm coverage of TV stations.
- The auction is set to take place next year, and will allow TV stations to take bids and sell their airwaves to meet the surging demand of mobile broadband.
- The new lawsuit challenges the regulations stating that it doesn't fully protect broadcasters that don't participate in the auction.
- Broadcasters say that they should not be forced into having their coverage area reduced or to pay out of pocket for the expense of moving their broadcast signal to a new frequency.
- Relevant tickers: CMCSA, TWC, ALLT, LVLT, CCOI, FTR, WIN, CTL, CHTR, CVC, DISH
Fri, Aug. 15, 11:25 AM
- Cable and satellite providers ended Q2 with more broadband subscribers than video customers, according to Leichtman Research Group.
- An important distinction is that the pace of cord-cutting declined during the quarter as many customers simply shifted to packages such as U-verse or FiOS away from traditional cable.
- Analyst Craig Moffett notes the pay-TV industry is growing revenue at twice the clip as the wireless business which seems to defeat the suggestion of some that it's a dying entity.
- Related stocks: CHTR, CVC, TWC, DISH, DTV, VZ, T.
Fri, Aug. 15, 8:59 AM
- Chicago Bridge & Iron (NYSE:CBI) +3.7% premarket after Berkshire Hathaway reported a 12% higher stake to 10.7M shares, valued at ~$621M at yesterday’s closing price; CBI shares had tumbled 22% during the June quarter.
- Among other stocks enjoying an apparent premarket Buffett bounce are two new Berkshire stakes, Now Inc. (NYSE:DNOW) +1.9% and Charter Communications (NASDAQ:CHTR) +1.6%.
Fri, Aug. 15, 3:38 AM
- Berkshire Hathaway (BRK.B), (BRK.A) disclosed a $366M stake in cable TV operator Charter Communications (NASDAQ:CHTR) in the second quarter, according to a new regulatory filing. Shares of Charter have now rose more +2% in after-hours trading.
- The filing also detailed other new investments including a 1.3% raised stake in Wal-Mart (NYSE:WMT), and other increased holdings including IBM (NYSE:IBM) and Suncor Energy (NYSE:SU).
- However, Berkshire Hathaway reduced its stake in several companies, among them DirecTV (NASDAQ:DTV).
Tue, Aug. 12, 1:40 PM
- 98% of millennials without a pay-TV subscription tell nScreenMedia that they have no interest in getting one in the future.
- The result of the survey flies in the face of the contention by some cable execs that millennials will jump into pay-TV packages when their earnings power increases.
- Currently, 19% of millennials don't have a pay-TV subscription.
- Media analysts thinks the best play by pay-TV operators to reel cord-cutters and cord-nevers back in would be to jump to 4K movie services via smart TVs. Set-top boxes which could handle the 4K format could roll out as soon as 2015.
- Related stocks: DTV, DISH, CVC, CHTR, CMCSA, TWC.
- nScreenMedia White Paper (sub required)
Wed, Aug. 6, 1:37 PM
- Charter Communications (CHTR -0.1%) has reached an agreement with ESPN (NYSE:DIS) over distribution of the SEC Network,
- Subscribers will have access to SEC football on mobile devices by using their Charter authentication information.
- The ease with which ESPN has lined up carriage deals pales in comparison to the stalemate between Time Warner Cable and DirecTV over regional sports network SportsNet LA.
Thu, Jul. 31, 11:18 AM
- Execs with Charter Communications (CHTR -4.4%) wouldn't take the bait on a question about spinning off a REIT during the firm's earnings call.
- Management says it will operate its own assets and maintains its current setup is the best strategy to grow value for Charter shareholders.Tax benefits have already been built up they note.
- Earnings call webcast
Thu, Jul. 31, 8:10 AM| Comment!
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