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News articles from around the web
Consumer Reports National Research Center’s annual telecommunications service survey, MSN Money-Zogby Analytics’ Customer Service Hall of Shame and YouGov’s BrandIndexlikewise all effectively flunk Comcast and Time Warner Cable.
Senate’s STELA hearing a blank slate for TV players — Wheeler’s move weighs on Walden’s effort — Who’s running the FCC show on Comcast-TWC?
When video industry representatives arrived at the Capitol for the House’s STELA hearing last month, they walked into a room where chairman Greg Walden had basically already announced how he was planning to legislate. That’s very much not the case this morning when the Senate Commerce committee holds its own STELA hearing, meaning witnesses are Continue Reading
Comcast (CMSCA) shares have slumped roughly 10 percent since it agreed in February to buy Time Warner Cable (TWC), with concerns growing that federal regulators may not sign off on the $45 billion deal. Hoping to shore up support among investors, Comcast said today it would increase its share buyback program by 80 percent, to Continue Reading
Hollywood screenwriters are worried about losing their clout with the cable industry, and now they’re fighting back the best way they know how: with words. In a 90-page filing with the Federal Communications Commission last week, the Writers Guild of America, West (WGAW) came out swinging against one of its longtime foes, Comcast Corporation (NASDAQ:CMCSA), whose proposed Continue Reading
Comcast’s proposed $45 billion purchase of Time Warner Cable is “not particularly scary,” according to Comcast Executive Vice President David Cohen. In an interview on C-SPAN’s “The Communicators,” Cohen said that the planned deal would be good for consumers and help the cable industry compete against satellite, telecoms and online video companies.
Starting in the second half of 2013, Netflix speeds on several major Internet service providers began to sink drastically as the ISPs allowed Netflix downstream traffic to bottleneck, resulting in slow, fitful delivery to consumers who had paid Netflix for the service and the ISPs for broadband access. Earlier this year, Comcast speeds turned up out Continue Reading
Comcast Corp. (CMCSA) is planning to increase its share buyback program by more than 80 percent if investors approve its $45 billion acquisition of Time Warner Cable Inc., boosting shareholder returns.
I’ve been fretting since news broke last month that Comcast, the nation’s reigning cable colossus, plans to swallow titanic runner-up Time Warner Cable. This, of course, is the $45 billion deal that would give Comcast 30 million subscribers in 43 of the nation’s top 50 markets and about 30 percent of pay TV customers. As Continue Reading
Florida and other states are jumping on board the Justice Department’s investigation of the Comcast-Time Warner Cable merger, while Sen. Al Franken says the deal is a threat to the open Internet. Broadcasters and cable operators send their STELA reauthorization wish lists to the Senate. The Commerce Department’s Internet Policy Task Force will take a Continue Reading
Comcast—the largest cable company in the U.S. and the “Borg” of digital media (“You will be assimilated”)—now has Time Warner Cable, the nation’s #2 cable company, in its sights and “monopoly” is the name of the D.C. game. Indeed, if the proposed merger of the two cable giants is approved by the Department of Justice Continue Reading
Comcast Corp’s Executive Vice President David Cohen will testify at a hearing in the U.S. Senate on April 9 about his company’s plans to buy Time Warner Cable Inc, a Comcast spokeswoman said on Thursday. The Senate Judiciary Committee will hold the first congressional hearing on the proposed $45.2 billion merger between Comcast, the No. Continue Reading
The two largest satellite television companies in the country are talking about joining forces as a way to combat the pending merger of the country’s two biggest cable companies. Dish Network’s (DISH) chairman, Charlie Ergen, has reached out to DirecTV’s (DTV) chief executive, Mike White, and my colleagues at Bloomberg News report that White isn’t Continue Reading
While Comcast has financial ties to numerous important members of the House and Senate, there are a few folks on Capitol Hill who have no problem speaking out against the cable company’s plan to expand its domination of the pay-TV and Internet business by acquiring Time Warner Cable and its millions of customers. Sen. Al Continue Reading
A majority of Americans are skeptical about the proposed merger of Comcast Corp and Time Warner Cable Inc, and they are not convinced the U.S. government is doing enough to prevent monopolies generally, according to a Reuters/Ipsos online poll released on Wednesday.
Do you subscribe to cable, but don’t exactly love the TV services you’re getting? Join the club. Once again, some of the largest cable TV companies—including Comcast and Time Warner, which are in the midst of a merger—are among the bottom feeders in overall customer satisfaction for TV service, according to the Consumer Reports National Continue Reading
Any doubt that your fellow Americans also hate the Comcast-Time Warner Cable merger should be wiped away, because a new survey has confirmed that basically everyone considers the two cable providers pretty much the worst. The Consumer Reports National Research Center surveyed 81,848 readers last year about their television, Internet and phone plans. And of Continue Reading
Merger partners Comcast Corp. and Time Warner Cable Inc. are two of America’s least favorite cable companies, according to a new survey from Consumer Reports. The cable giants showed up near the bottom of the magazine’s rankings in a survey of 81,848 users of television, Internet and phone plans, the magazine reported Tuesday. Subscribers gave Continue Reading
Netflix’s agreement to pay Comcast for smoother streaming of movies and TV shows marks the end of an era for the Internet. It should send shivers down the spines of anybody who relies on online information. It also should galvanize the Federal Communications Commission and Department of Justice to reject the $45 billion merger of Continue Reading
Television distribution in the United States is broken. The system denies consumers reasonable choices at affordable prices. Comcast’s proposed acquisition of Time Warner Cable will make a dismally performing and anticompetitive industry even worse.
The Federal Communications Commission needs to get on the case. Otherwise, high-capacity innovative uses of the Internet in U.S. will be subject to an arbitrary Comcast tax.