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Is Comcast Experiencing a Goldilocks Moment in Broadband?
Comcast lost 34,000 broadband customers across consumer and business channels in the fourth quarter and bled 64,000 subscribers for the full 2023, results that might have tanked the cable company's stock in previous quarters. But the company’s shares are up nearly 4 percent. Sure, good news from theme parks and streaming platform Peacock have a lot to do with that.
Craig Moffett: AT&T's Unimpressive Earnings Growth Shows ‘5G Is Running in Place’ (Next TV)
Submitted by zwalker@benton.org on Thu, 01/25/2024 - 12:04Peacock’s Wild Card Weekend Resulted in the Biggest ‘Measured Signup Moment’ Ever, Research Company Claims (Next TV)
Submitted by zwalker@benton.org on Thu, 01/25/2024 - 12:02Netflix Smashes Expectations on Subscriber and Revenue Growth in Q4, Swears It Won't Buy a Hollywood Conglomerate (Next TV)
Submitted by zwalker@benton.org on Wed, 01/24/2024 - 14:55Netflix Has 'Won the Streaming Wars,' Jessica Reif Ehrlich Declares (Next TV)
Submitted by zwalker@benton.org on Fri, 01/19/2024 - 14:06David Simon Laments Sale of the ‘Baltimore Sun’ to Far-Right Ideologue David Smith: “Everyone Needs to Sign Up for the ‘Baltimor (Next TV)
Submitted by zwalker@benton.org on Wed, 01/17/2024 - 15:10Altice USA Sets Huge Broadband Price Cuts: 36 Percent Off on 300 Megabits per second Fiber-to-the-Home
After years of operational cuts and consumer price increases, Altice USA, under the direction of recently appointed CEO Dennis Mathew, has instituted fairly massive price decreases across its fiber-to-the-home and cable broadband product lines. According to Analyst Craig Moffett, the cable operator, which touts around 4.6 million broadband customers, is trying to undo the aftereffects of the “Altice Way,” the strategy of increasing EBITDA through cost cuts and price increases, which proliferated amid the aggressive expansion set forth by French-Israeli cable titan Patrick Drahi a decade ago
Former Iowa Lieutenant Governor Opposes Net Neutrality Rules (Next TV)
Submitted by zwalker@benton.org on Wed, 01/17/2024 - 13:17Charlie Ergen Makes ‘Inscrutable’ Moves, Shields Parts of Dish Spectrum and Pay TV Biz From Existing Creditors
After closing on his re-merger of Dish Network and EchoStar, Chairman Charlie Ergen outlined a series of strategic asset shifts that shield certain spectrum assets, as well as the cash generated by about three million Dish pay-TV subscribers, from existing creditors. The moves “further unlock incremental strategic, financial and operating flexibility for its business following completion of its merger” with Dish Network.