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It was a similar story for Paramount, which said Thursday it took a nearly $6 billion write-down on the value of its cable business, citing "recent indicators in the linear affiliate marketplace."
Cable television industry participants like Comcast (CMCSA), Charter Communications (CHTR) and Rogers Communication (RCI) are benefiting from growing demand for high-speed Internet and increased ...
Comcast said Thursday that it has started exploring spinning off its cable networks into a separate company.The development comes as the media industry undergoes massive disruption, with more ...
Multichannel television in the United States has been available since at least 1948. The United States is served by multichannel television through cable television systems, direct-broadcast satellite providers, and various other wireline video providers; among the largest television providers in the U.S. are YouTube TV, DirecTV, Altice USA, Charter Communications (through its Spectrum ...
The Cable Communications Policy Act of 1984 (codified at 47 U.S.C. ch. 5, subch. V–A) was an act of Congress passed on October 30, 1984 to promote competition and deregulate the cable television industry. The act established a national policy for the regulation of cable television communications by federal, state, and local authorities.
Counting basic cable, digital cable, high-speed data, and cable telephony as separate revenue, Mediacom had 2.981 million revenue-generating units (RGUs) at the end of 2009. [ 1 ] :6 Fifty-two percent of customers had at least two of video, Internet, and phone from Mediacom, and 18% had all three; over the previous five years, video decreased ...
Paramount Global saw its stock rise by 6% in premarket trading on Friday.On Thursday, Paramount reported a profit within its streaming division for the first time while its linear TV business ...
The rates for cable services increased excessively, surpassing inflation. As a result, the Cable Television Consumer Protection and Competition Act of 1992 had been enacted by the U.S. Congress. The Act had the goal to restore Federal regulation of the cable television industry and respond to complaints about poor cable service and high rates. [2]