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 will have to stop using the words “fiber optic” to describe its broadband network. Verizon, whose Fios service is a bona fide fiber-to-the-home (FTTH) service, took issue with some of Time Warner’s advertising, complained to the relevant board, and walked away with a favorable ruling. Done and done. → Read More
Time Warner Cable has just announced that it has acquired NaviSite, a provider of enterprise-class hosting, managed application, messaging and cloud services, for $5.50 per share in cash, or $230 million. The transaction is expected to close in the second quarter of 2011.
NaviSite provides companies with enterprise hosting capabilities, application management and cloud services. These include… → Read More
“It’s a little bit like, is the Albanian army going to take over the world? I don’t think so.”
TimeWarner CEO Jeff Bewkes haughty dismissal of Netflix is still reverberating through the tech world, dominating Holiday party chatter and jokes around the metaphorical water cooler. (At least the nerdy parties I go to.)
Today I got to see Time Warner’s Signature Home $200 a month service package offerings up close and personal at a loft they rented in fancy-pants Soho. The offering, which is comparable to their triple-play program except that you get 24/7 customer service including concierge-style phone service and installation techs who will spend up to three hours at your home setting up all your junk. They… → Read More
Time Warner is turning on more channels for its TV Everywhere strategy. Once again, Verizon FIOS customers will be the first to get the channels available on their laptops, and soon on their mobile phones. The two companies announced today that starting in June, FIOS TV subscribers will get unlimited online access to popular shows from Time Warner’s TNT and and TBS channels.
It won’t be the… → Read More
Print publishers are in a tizzy over Apple’s new iPad because they hope to finally be able to charge for their digital editions. But in order to get people to pay for their magazine and newspaper apps, they are going to have to offer something different that readers cannot get at the newsstand or on the open Web. We’ve already seen plenty of prototypes from magazine publishers which include… → Read More
Today HBO announced it will be making its movies and TV Shows available on the Web to subscribers through HBO Go, which up until now has been in private beta. HBO Go is part of the cable industry’s TV Everywhere strategy to make TV content available online to paying subscribers. It contains 600 hours of movies and TV shows which can be streamed live and even in HD. HBO Go is available first to… → Read More
Some people don’t like Comcast and Time Warner’s TV Everywhere plan to bring cable TV to the Web. They are just paranoid.
Allow me to explain. In his 1964 Harper’s Magazine essay “The Paranoid Style in American Politics”, Columbia University historian Richard Hofstadter argued that American politics has often been a stage for excessively conspiratorial and suspicious minds from both the… → Read More
It has all the makings of a drama that no one could possibly care about: a giant corporation looking to make even more money than it already does; an even bigger corporation looking to stand firm and not be bullied into making any decision against its will; helpless consumers with no one to turn to, no altar to pray at; and the Internet. If you’re a Time Warner subscriber you may loose all… → Read More
The magazine business is hurting just like all print publications. And even if their Websites are popular, they generate one tenth the ad revenue of the print side. Since last summer, Time Inc has been working on a “Manhattan Project” to create a digital magazine for the new breed of color tablet computers soon to come to market. (Condé Nast is also working on a similar concept). Today, I… → Read More
It’s fairly ironic to learn that there was still a lawsuit lingering over Time Warner’s merger with America Online from the beginning of this decade, given that AOL is in the process of spinning off and hitting the public markets as an independent entity before year’s end.
Anyway, there was still one pending suit out of the hundreds that were filed after the multi-billion dollar merger, and now… → Read More
It’s been a long decade, but AOL will once again be an independently traded company on December 9, when Time Warner will spin off shares. Every Time Warner shareholder (disclosure: including me, from when I was employed there) will receive shares in AOL using the following formula: one share of AOL will be distributed for every 11 shares held in Time Warner.
In other words, we finally have an… → Read More
At the Web 2.0 Summit today in San Francisco AOL’s chairman and CEO Tim Armstrong took the stage for a discussion with Federated Media’s John Battelle. Armstrong, who was previously in charge of the Google ad group in America took the AOL job in March as the company prepares the split from its parent, Time Warner.
The Armstrong talk can be summarized pretty easily: Content, content, content. → Read More
Time Warner released it second quarter results today, and the numbers aren’t good. Overall, revenue was down 9% versus the year-ago period as poor results from the publishing, film and yes, AOL dragged down the numbers for all. CEO Jeff Bewkes remarks are telling:
At the same time, we’re continuing the reshaping of Time Warner that we started last year. We’re on track to spin off AOL to our… → Read More
Cable providers Comcast and Time Warner might be late to the Internet video party, but that doesn’t mean they are going to let us enjoy content for free that they pay for. Oh no, the TV Everywhere Model is designed to give Comcast and Time Warner paying subscribers access to content and block-out everyone else. And this system might find its way into Hulu.
You can’t blame the cable operators for… → Read More
Looks like Time Warner cable subscribers may someday get the option of the TiVo interface on their DVR boxes. According to Bloomberg, “TiVo is in talks to provide service through Time Warner Cable Inc.” although nothing specific has really been revealed yet. → Read More
Time Warner announced first quarter earnings today, giving us a peak at how AOL is doing. It’ seen better days. Revenues were down 23 percent to $867 million. Of that advertising revenues made up about half ($443 million), but were down a gut-wrenching 20 percent. Yahoo, in comparison, saw a 12 percent decline in advertising revenues during the quarter, and Google saw 6 percent growth in total… → Read More
Time Warner has been testing out a “consumption based billing” structure for its broadband internet service in Beaumont, Texas and plans to expand the trials to San Antonio and Austin; Rochester, New York; and Greensboro, North Carolina sometime this summer.
Up to this point, bandwidth has been capped at 5-, 10-, 20-, and 40-gigabyte levels ranging from $30 to $55 per month, but a recent post… → Read More
With Time Warner reporting earnings yesterday, we now have online advertising numbers for the fourth quarter from the four largest players: Google, Yahoo, Microsoft, and AOL. Tallying up their online advertising revenues provides a decent proxy for the health of the overall online advertising industry as a whole, since they represent a majority of those revenues. (For comparison, see IAB numbers… → Read More
Time Warner subscribers almost, almost lost some of the best cable networks if a deal hadn’t been struck by the time the NYV ball dropped. Thankfully, Viacom and Time Warner came together in the name of the subscribers (and money) and penned an agreement in principle that will keep Dora and Stewart on the air. → 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
We really ought to applaud Time Warner, I think. A company that owns the rights to broadcast some of the major networks in certain markets, LIN TV, has been playing hardball with the cable operator, demanding more money for access to the channels. Time Warner is all, “But, you can get these channels for free over the air, and many times online, why should we pay you (and raise our… → Read More
So Comcast is implementing a 250GB monthly bandwidth cap starting next month. While some consumers are up in arms about the true meaning of “unlimited” internet access, others have focused on how these caps will affect the innovation of web-based services, particularly video streaming and downloading. Roku, maker of the Netflix-streaming box (reviewed here), isn’t too concerned, according to… → Read More
The Yahoo shareholder meeting is going on right now, but already not everything is going according to plan. Yahoo was able to avoid a showdown today with activist investor Carl Icahn by agreeing to open up three board seats. Icahn is taking one, and the board will vote for the other two members. Former AOL CEO Jonathan Miller was added to the list of candidates at the request of Yahoo, and was… → Read More
Comcast, Verizon, and Time Warner Cable are all sniping at each other, emphasizing the minor advantages their overpriced service has over the competitor’s overpriced service. They’re trading whiny potshots over whether the fiber goes to the house, what “compression” means, and so on, when they should be doing that other stuff cable companies do, like throttling my bandwidth… → Read More
Is this the beginning of the end for Usenet as we know it? Wouldn’t surprise me. It broke last week that New York’s attorney general had targeted Usenet because of the existence of child pornography. Fair enough, no one wants that. But the reaction by several ISPs could set a dangerous precedent, and could threaten the way Usenet works. Time Warner, my ISP (for the time being), will no… → Read More