All articles tagged with #charter
Originally Published 4 months ago — by Techdirt.
Last year, Republicans ended the FCC's Affordable Connectivity Program, which provided discounts to low-income Americans, leading to increased broadband costs and subscriber losses for Charter. Now, Charter faces a class action lawsuit claiming it misrepresented the impact of losing the program, amid ongoing subscriber declines and industry challenges.
Originally Published 6 months ago — by The San Francisco Standard
The Standard has acquired Charter and announced Kevin Delaney as its new editor-in-chief, with updates on daily news delivery.
Originally Published 6 months ago — by The New York Times
Billionaire venture capitalist Michael Moritz, known for investments in Google and PayPal, has co-founded The San Francisco Standard and is acquiring Charter to expand its focus on local news and the future of work, emphasizing the importance of city news amid declining local outlets.
Originally Published 6 months ago — by The Hollywood Reporter
Disney and Charter have reached a new agreement that brings Hulu to Spectrum TV customers, reintroduces eight previously removed cable channels, and extends their partnership, allowing for more flexible and integrated streaming and linear TV offerings.
Originally Published 2 years ago — by CNBC
Charter shares plunged over 8% after the company's Chief Financial Officer, Jessica Fischer, stated that the company may lose broadband subscribers in the fourth quarter. The drop in subscribers in October, partly due to a dispute with Disney and higher interest rates, continued into November. Charter has invested billions in expanding its broadband coverage, but the housing market slowdown has impacted demand. Fischer remains optimistic, citing a potential rebound in the housing market and the inclusion of Disney+ in some Spectrum plans as drivers for subscriber growth.
Originally Published 2 years ago — by Fox News
The Hamas terror organization, known for its hostility towards Jews and Israel, also targets Christians and US service organizations such as Rotary and Lions clubs. The group's charter, adopted in 1988, seeks to expand Islam globally and considers non-believers as enemies. The charter accuses these organizations of attempting to "sabotage societies" and "achieve Zionist interests." The FBI has increased investigations into Hamas to disrupt potential attacks on US soil and cut off financial support to the group. Despite the humanitarian work done by these organizations, Hamas views them as part of a "national sin" and a threat to their ideology.
Originally Published 2 years ago — by Deadline
Charter CEO Chris Winfrey acknowledged the loss of 320,000 video customers during the third quarter due to the Disney carriage fight but called the resulting deal a "significant step forward for the video ecosystem." The agreement, which ended a 10-day blackout of ESPN, ABC stations, and other networks, creates a new hybrid distribution model that includes free access to Disney's direct-to-consumer apps. The company estimated that the Disney dispute directly led to 100,000 video customers and 15,000 internet customers disconnecting their service. Despite beating Wall Street expectations in terms of revenue and earnings per share, Charter's shares slid due to concerns over lower-than-expected free cash flow and slower broadband growth.
Originally Published 2 years ago — by The Verge
Charter and Disney have reached an agreement to offer a new cable bundle that combines Charter's Spectrum cable and Disney's streaming services into one package. The bundle includes Disney Plus Basic and ESPN Plus subscriptions, with the option to combine bills for other services like Hulu with Live TV. This move aims to provide convenience for consumers and potentially stabilize the declining pay TV industry. However, it may not impact streaming giants like Netflix and Amazon Prime Video, as they do not rely on cable bundles for distribution.
Originally Published 2 years ago — by The Athletic
Spire Motorsports has acquired Live Fast Motorsports' charter for approximately $40 million, increasing its car count to three for the 2024 season. Zane Smith, the defending Truck Series champion, will drive the newly acquired charter under a unique arrangement with Trackhouse Racing. The rising value of charters reflects the expected increase in financial revenue for NASCAR teams, particularly through the upcoming Cup Series television contract negotiations. Team executives anticipate charter values to rise to around $50 million once the negotiations conclude.
Originally Published 2 years ago — by Yahoo Finance
Disney and Charter have reached an agreement to end their carriage dispute, with Charter offering select Disney streaming services as part of its cable packages at no additional cost to consumers. Analysts see this deal as a win-win for both companies and a step towards a fully streaming future. Charter's focus on offering more bundles and Disney's plans to take ESPN fully over the top as a direct-to-consumer streaming service were incentives for the agreement. Disney stands to gain additional revenue of about $400 million to $500 million annually, assuming the addition of roughly 12 million subscribers through Charter. However, Disney did give up several networks in exchange for strong rate increases for ESPN.
Originally Published 2 years ago — by Forbes
Disney and Spectrum cable service have reached a new carriage deal, ending the ten-day blackout of Disney channels on Spectrum. The agreement includes free access to Disney+'s ad-supported tier and ESPN+ subscriptions for Spectrum subscribers. The resolution comes just in time for the first Monday Night Football broadcast on ESPN, which was ESPN's sixth-highest-watched broadcast last season. Financial terms of the deal were not disclosed.
Originally Published 2 years ago — by Deadline
Disney executives Dana Walden and Jimmy Pitaro have expressed their satisfaction with the recently announced carriage renewal deal with Charter, stating that it aligns well with the current streaming/linear hybrid environment. The agreement includes various provisions benefiting both parties, such as Charter gaining the right to offer the ad-supported tier of Disney+ to its subscribers and Disney receiving distribution support for its entire direct-to-consumer portfolio. The deal reflects the changing landscape of the industry and the importance of ad-supported streaming for Disney's future business. The agreement also leaves room for Hulu to be integrated into Spectrum subscriber tiers, and a unified app interface blending Hulu and Disney+ content is in the works. The settlement has been viewed positively by Wall Street, with both Disney and Charter shares rising.
Originally Published 2 years ago — by The Wall Street Journal
Disney and Charter have resolved their carriage dispute, resulting in the restoration of ESPN and ABC to 15 million Spectrum households.
Originally Published 2 years ago — by Awful Announcing
As the Charter-Disney dispute continues, Spectrum is now offering its customers a free trial for fubo TV, in response to Disney's promotion of a $20 per month discount for Hulu + Live TV. The ongoing battle between the two companies suggests that a resolution is not imminent, and both sides are trying to win over Spectrum subscribers with promotions for their preferred streaming services.
Originally Published 2 years ago — by Hollywood Reporter
Cable TV provider Charter is revamping its channel lineups to adapt to the changing sports TV landscape. The company will split its Spectrum TV Select service into two options: Spectrum Select Plus, which includes sports channels and regional sports networks (RSNs), and Spectrum Select Signature, which excludes RSNs and many sports channels. Charter, which owns RSNs like Spectrum SportsNet, will launch a direct-to-consumer streaming offering for Spectrum SportsNet, available for free to Select Plus subscribers. The move could impact the RSN business and potentially slow down cord-cutting, as news and entertainment channels will be available in a less expensive TV bundle. Charter lost nearly 700,000 video subscribers in 2022 and another 240,000 in Q1 2023.