Time Warner Cable this morning announced that it will acquire cable systems serving approximately 70,000 basic video subscribers, 42,000 HSD subscribers, and 26,000 phone subscribers in Kentucky and Tennessee from NewWave Communications for $260 million in cash.
NewWave had been buying up many of these cable systems, some property acquisitions dating back to 2003. The company says it will now… → Read More
BlackArrow, a provider of advertising solutions for ‘New Television platforms’, this morning announced a strategic investment by Time Warner Cable. Joan Gillman, president of media sales for TWC, has been named to the BlackArrow board of directors.
The cable system operator joins BlackArrow’s impressive list of backers, which includes Cisco, Comcast, Intel Capital, Mayfield Fund, Motorola… → Read More
Time Warner Cable received rare praise these past few weeks with the launch of its iPad app. Not familiar with it? It lets Time Warner Cable subscribers view 32 different TV networks on their iPad provided they’re connected to their home (read: Time Warner-provided) Wi-Fi network. (You can’t watch these channels while at the park and connected to 3G, in other words.) As you might expect, several… → Read More
Fox an Time Warner Cable struck a deal last night that prevented the unthinkable: no NFL football (and Fox News, and Fox Soccer Channel, etc.) for millions of Americans in the some of the biggest TV markets in America, like New York City and Los Angeles! The terms of the deal weren’t announced, but at last check-in, Time Warner Cable was prepared to give Fox between 20 and 30 cents per subscriber… → Read More
Time Warner Cable might be backing away from its tiered pricing proposition, but that doesn’t mean they’re going to do it gracefully. An Austin TWC customer with a Road Runner unlimited data plan got his connection unceremoniously severed, and after investigating, found out it was because he’d used a shocking 44GB in one week. → Read More
Time Warner reported its third quarter results today and revealed that the AOL business isn’t doing too well but not as bad as some had expected (though it’s bound to get worse this quarter).
Total revenues for Time Warner Cable remained flat compared to the same period in 2007 at $11.7 billion with earnings of 30 cents a share, while revenues for the AOL segment decreased 17% ($207 million) to… → Read More
The more I learn about the $3.2 billion deal announced earlier this week to salvage Clearwire’s and Sprint’s WiMax businesses by merging them together, the more I am convinced that someone got snookered. And that someone was Google CEO Eric Schmidt. Maybe he just can’t say “No” to visionary billionaires like Clearwire chairman Craig McCaw. Or maybe McCaw got Intel CEO… → Read More
Time Warner Cable in New York adds a bunch of HD channels to its lineup today, chief among them Fox Business Channel HD and Disney HD. The e-mail it sent me this morning touts the fact that all TWC customers can now enjoy 100 free (for some reason “free” is capitalized in the e-mail, like it’s a proper noun) HD channels, never mind that lots of those channels are junk (like Fox… → Read More
Whenever cable companies feel threatened, they form a joint venture. The latest is called Project Canoe, an effort by all six major cable companies in the U.S. to deliver targeted TV ads to viewers through their set-top boxes. The NYT reports: Collectively, the cable companies will initially put about $150 million behind the effort in order to build a national service that can sell targeted… → Read More
So I just got off the phone with Time Warner cable. I’ve had their standard Wireless Road Runner service for four months now. During that time, our wireless broadcast has gone out for absolutely no reason numerous times (it has already gone out three times today alone). The only way to get it going again would be to call tech support and have them restart the signal. Not only that, but even… → Read More
Time Warner today announced that Time Warner Cable is becoming a public company. It expects shares to be traded as a Class A common stock on the New York Stock Exchange with the “TWC” symbol. Shares could begin trading as early as March 1. The move comes as a result of Time Warner Cable purchasing assets from Adelphia when it filed Chapter 11. In exchange for the assets, TWC coughed up… → Read More