Aug. 7, 2013, 9:27 AM
- BTIG Research thinks Time Warner Cable (TWC) rivals should show solidarity by making it less appealing to switch away from TWC as the company does much of the heavy lifting in the fight against escalating carriage fee costs via its squabble with CBS (CBS). Pulling away sweet promotions from former TWC subscribers is one option floated.
- Analyst Rich Greenfield suggests the round of "tacit cooperation" (not collusion) from major players would benefit the cable/satellite industry in the long run and potentially consumers.
- Will Verizon (VZ), Cablevision (CVC), Charter Communications (CHTR), DirecTV (DTV), and Dish Network (DISH) play that game?
Aug. 7, 2013, 7:26 AM
- The FCC won't jump into the CBS (CBS) and Time Warner Cable (TWC) dispute, according to a Bloomberg report.
- There has been speculation from industry executives and analysts that the blackout in key U.S. markets of CBS programming could lead to regulators trying to help push the matter to a resolution.
Aug. 6, 2013, 12:29 PM
- Pay TV providers as a group reported a loss of 360K subscribers in Q2 compared to a year ago, according to Moffett Research. Though the drop isn't earth-shattering, it does show that cord-cutting isn't a myth.
- Q2 Pay-TV subscriber growth: Cable (CMCSA, TWC, CVC, CHTR) -3.1%; Satellite (DISH, DTV) +0.2%; TelCo (T, VZ) +16.4%.
Aug. 6, 2013, 10:00 AM
- CBS (CBS +0.3%) CEO Les Moonves issued a biting letter (Twitpic) to Time Warner Cable (TWC -0.5%) CEO Glenn Britt this morning to again raise the level of contentiousness between the companies over their cable carriage fee squabble.
- The blackout of CBS is now into its 4th day, with the loss of Under the Dome one of the most significant absences for TWC subscribers in NYC and L.A.
- Previous: Analysts on TWC/CBS, media men behaving badly.
Aug. 5, 2013, 2:49 PM
- Time Warner Cable (TWC -0.2%) CEO Glenn Britt asks CBS (CBS -1.2%) head honcho Les Moonves to accept the new economics of the media landscape to strike a deal with the same terms and conditions of the old contract. As an alternative, Britt pitches CBS make its programming available a la carte to TWC subscribers.
- Moonves is also taken to task for the high-stake blocking of CBS online access for TWC subscribers by Britt, while American Cable Association CEO Matthew Polka takes the low road on the exec, calling him a "bellicose broadcast CEO with a Napoleonic complex."
- Many analysts see the dispute going on a few weeks. The take is that if a resolution was close, execs would be in the same room instead of swapping snippy press releases.
Aug. 5, 2013, 9:12 AM
- CBS (CBS) could lose $400K a day in the dispute with Time Warner Cable (TWC) which has elevated to the cable company pulling CBS programming with no carriage fee contract in place, estimates UBS.
- Pivotal Research Group thinks the defiant attitude of CBS could attract the attention of regulators as they look to keep costs for consumers under control.
- What to watch: Though DirecTV (DTV) is saying all the right things in solidarity, the tiff gives the company - along with Dish Network (DISH) a- free run at disgruntled TWC customers while it watches Time Warner Cable do much of the heavy lifting in the fight over content costs.
Aug. 5, 2013, 3:33 AM
- The CBS (CBS) blackout on Time Warner Cable (TWC) in New York, Los Angeles, Dallas and other areas has continued into a third day, with little sign that the companies' dispute over transmission fees is any closer to a resolution.
- The impasse meant that TWC customers in those areas missed leading shows such as "Dexter" and "Ray Donovan" last night, as well as Tiger Woods victory in golf's Bridgestone Invitational. Tonight's broadcast of the most popular program on the summer, "Under the Dome," is also likely to be blocked.
- Some analysts reckon the impasse could last up to six weeks, when the NFL season starts. Woe betide the companies if they haven't come to an agreement by then.
Aug. 4, 2013, 2:43 AM
- In a show of solidarity, DirecTV (DTV) has said it "applauds" Time Warner Cable (TWC) for dropping CBS (CBS) programming in New York, Los Angeles, Dallas and other markets in a dispute over fees.
- DirecTV is also "appalled" by CBS's decision to block TWC's Internet customers from downloading full episodes of shows from CBS.com in a move that affects the satellite TV company's subscribers who access the Web via TWC.
Aug. 3, 2013, 11:08 AM
- The war of words has escalated as Time Warner Cable (TWC) justifies its decision to pull CBS (CBS) from its programming after the two companies couldn't work out a deal.
- Reports indicate that CBS - which was earning between $0.75-$1.00 a month per subscriber - wants to double its carriage fees.
- CBS has been replaced in several major TWC markets by back-up programming from Starz Kids and Family.
- The ripple effect: Aereo has entered the scene with Time Warner Cable directing customers toward where to go for a free Aereo trial. Also, expect DirecTV (DTV) and Dish Network (DISH) to be busy.
- D-Day: Regular season NFL football starts September 8 for CBS.
- TWC/CBS timeline
Aug. 2, 2013, 5:51 PM
- Time Warner Cable's (TWC) decision follows the failure of the cable provider and CBS to reach a deal on CBS' demand for higher retransmission fees by a 5PM ET deadline.
- The move affects 3M TWC subs, including many in the high-profile markets of New York and L.A.
- SNL Kagan estimates pay-TV providers will pay $3B in 2013 to re-transmit broadcasts that are available for free via over-the-air antennas. RBC estimates CBS receives $0.88/subscriber/month in retransmission fees.
- CBS statement, more on TWC/CBS
Aug. 2, 2013, 11:26 AM
- Once again CBS (CBS -0.6%) and Time Warner Cable (TWC -2.3%) are running up against a deadline (5:00 pm est) to work out a retransmission deal, but this time BTIG thinks the cable company needs to stand firm.
- After running past a deadline earlier this week, Time Warner Cable only pulled the plug on CBS in major markers for a few minutes before relenting.
- To avoid losing leverage for future deals, BTIG advises Time Warner to pick this battle to fight.
Aug. 2, 2013, 10:35 AM
Aug. 2, 2013, 8:32 AM
- Lines are being drawn in the Senate over Sen. John McCain's bill to force cable and satellite operators into serving up a la carte programming.
- Broadcast networks (DIS, FOXA, CMCSA, CBS, AMCX, TWX) and TV station operators oppose a la carte, while some cable/satellite operators (DTV, DISH, TWC) support it as they look at the bill as a way to lower carriage fees.
- Despite all the noise from both sides, the bill is given little chance of even moving to the House and President Obama hasn't even offered an opinion on the issue.
Aug. 1, 2013, 6:50 AM
Aug. 1, 2013, 6:06 AM
Jul. 30, 2013, 8:41 AM
- Time Warner Cable (TWC) and CBS (CBS) extend the deadline to work out a new deal until August 2, according to Bloomberg.
- Though CBS went dark for about 30 minutes in key markets late last night, Time Warner Cable was unwilling to pull the plug entirely. The closer that talks linger toward the planned debut of Showtime's Homeland and NFL football the trickier its gets for the cable operator to make good on its threat of removing CBS content.
- CBS +0.4% premarket.
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