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Posts Tagged ‘TWC’

Morning Media Newsfeed: Comcast Pleads Case | DirecTV Restores TWC | Breitbart Loses Whip

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As Comcast Takes Next Step in TWC Merger, Opposition Groups Band Together (TVNewser)
Comcast took the next step in its $45 billion acquisition of Time Warner Cable Tuesday morning by filing a joint Applications and Public Interest Statement with the FCC. In a blog post about the filing, Comcast EVP David Cohen argued that the deal is good for consumers, especially current TWC customers. Those opposed to the deal, understandably, don’t think so. Fifty groups sent a letter to the attorney general and FCC chairman Tuesday asking that the deal be blocked. Capital New York The 650-page document filed with the FCC outlines the reasons Comcast believes the proposed merger with TWC would be in the public interest. Much of the document spelled out in granular detail arguments made by Comcast in its original announcement of the proposed deal, but there are some notable new takes. Comcast now sees itself as a tech company, in competition with Google, Facebook and Netflix just as much as traditional competitors like DirecTV and Verizon. Comcast argues that it doesn’t compete with TWC, as they do not operate in the same areas. Variety Critics have claimed the Comcast-TWC merger, which would create an entity that controls 30 percent of the country’s pay-TV market, is decidedly not in the public interest because it would result in fewer choices and higher prices for consumers. Moreover, the combination “could compromise the open nature of the Internet,” Sen. Al Franken told Justice Department officials last month. CNET Last week, Comcast filed a Hart-Scott-Rodino notification with the U.S. Department of Justice, which will begin the antitrust review of the merger. And on Wednesday, Cohen will testify about the merger before the U.S. Senate Judiciary Committee. Now that the official filing has been made in the merger, which was announced in February, the FCC will have a self-imposed deadline of 180 days to review and make its decision. USA Today Facing a growing number of customers flocking to streaming video and content providers demanding more payment for programs, TWC agreed in February to be bought by Comcast for $45 billion. The acquisition would give Comcast access to key media markets that it has coveted, including New York and Los Angeles, and occupy about 40 percent of the Internet service market, or about 32 million customers.

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Morning Media Newsfeed: Comcast, TWC to Merge | GMA Beats Today | Soledad, Google Team Up

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Time Warner Cable to Merge With Comcast Corporation (Comcast)
Comcast Corporation and Time Warner Cable Thursday announced that their Boards of Directors have approved a definitive agreement for Time Warner Cable to merge with Comcast. The agreement is a friendly, stock-for-stock transaction in which Comcast will acquire 100 percent of Time Warner Cable’s 284.9 million shares outstanding for shares of CMCSA amounting to approximately $45.2 billion in equity value. NYT / DealBook For Comcast, which completed its acquisition of NBC Universal, the television and movie powerhouse, from General Electric less than a year ago, the latest deal would be its second big act to radically reshape the media landscape in the United States. And the merger is almost certain to bring to an end a protracted takeover battle that Charter Communications has been waging for Time Warner Cable. CNNMoney The two companies expect the merger to receive government approval and take effect by the end of the year, but regulators are likely to take a close look at the potential impact on consumers. Through the consolidation of Time Warner Cable, Comcast would be the dominant provider of television channels and Internet connections in roughly one in three American homes, a total unmatched by any other distributor. Re/code So here’s the big idea that’s supposed to get the deal approved in the coming months: It’s OK for a giant cable company to buy another giant cable company, because cable companies don’t compete. For instance: I live in Brooklyn, and I’m a Time Warner Cable customer. In theory, I could also get TV from the satellite guys, and also from Verizon. But I can’t get TV from Comcast, because the cable guys work in specific territories, carved out by local regulators, and they don’t overlap. GigaOM And when you start to peel the onion and start looking at their average monthly revenues of the combined companies, you start to see why the game is all about broadband. According to UBS estimates, the combined company could see its consumer data-only revenues go from $17 billion at end of 2013 to about $23 billion by end of 2018. Voice revenues go from about $6 billion at the end of 2013 to $6.6 billion at end of 2018.

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Morning Media Newsfeed: CBS, TWC Reach Deal | David Frost Remembered | Syria Challenges Media


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CBS Blackout on Time Warner Cable Ends (TVNewser)
About 3.5 million Time Warner Cable customer got their CBS programs back Monday at 6 p.m. ET as CBS and TWC came to an agreement. In fact, programming returned even earlier as coverage of the U.S. Open quarterfinals aired on CBS. CBS did not release terms of the deal but added, “the agreement includes retransmission consent, as well as Showtime Anytime and VOD, for CBS stations on Time Warner Cable systems in New York, Los Angeles and Dallas.” NYT The outcome underscored the leverage that the owners of important television content, especially sports like NFL football, retain over distributors like cable systems. The looming National Football League season, which starts this week, includes key games every week on CBS. “It was hugely important,” an executive involved in the negotiation said Monday night. Daily Beast “I am pleased to inform you that… we concluded our content carriage agreement with Time Warner,” CBS chief executive Leslie Moonves announced in an email—the first pleasant one in his 32-day public relations bickerfest with TWC chief executive Glenn Britt. TWC and Britt relentlessly argued that the cable company was resisting CBS’ demands, which they insisted in negative television ads amounted to a 600 percent upcharge, only because they desired to save beleaguered cable customers from paying even more than they already do. The Atlantic Wire What will happen to those lawsuits from customers looking for reimbursement for their month spent without CBS now? Your guess is as good as mine.

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Morning Media Newsfeed: NYT Website Goes Down | Grim Day for Journos | TWC Sued for CBS Blackout


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New York Times Website Returns After Hours Offline (NYT)
The Web site of The New York Times was offline for about two hours on Wednesday in what company officials say was a failure during regular maintenance of NYTimes.com and not the result of a cyberattack. “The outage occurred within seconds of a scheduled maintenance update being pushed out, and we believe that was the cause,” said Eileen Murphy, a spokeswoman for The New York Times Company. The site went down about 11:10 a.m. It returned around 1:15 p.m., but service was sporadic. The Verge As The New York Times struggled to get its site back online, the paper turned to often ephemeral social media to put out its stories. Unfortunately, while the outage wasn’t long, it was enough to threaten reporting of one of the week’s biggest stories: a violent clash in Egypt that left more than a hundred people — and possibly many more — dead. To get out news of the Cairo protests, the Times turned to a system that’s usually supplemental: posting updates on social media. The Guardian / Dan Gillmor But the venue the paper chose to post its material was ill-advised, for many reasons. Facebook may have been convenient, but it – not the Times – ultimately controls what appears on its service. Facebook is not hosting this material for the sake of the Times or for people who want quality journalism. Facebook itself is an increasingly threatening competitor to the journalism industry, and it serves its own needs first. Fox Business During the Times outage, parent company Dow Jones said on its Twitter account that it was making the Wall Street Journal’s website, WSJ.com, available for free. JimRomenesko.com Jill Abramson: “It’s been the stuff of bad dreams for us all — what would happen if our website went down — really went down — and email went down at the same time? All of you handled a difficult moment with patience, determination and even good humor. I am very grateful and proud of each of you for your unwavering devotion to our readers.” FishbowlDC The Washington and New York media worlds tipped over on their heads as the NYT shut down due to technical issues. So we mined Twitter for the best of and — let’s face it — endless and some terrible reactionary comments to the temporary interruption. Even crazy bearded Dave Hughes of DCRTV noticed something unusual was happening: “Journos in a f*ckin’ panic today with the NY Times’ website down. Sheesh…” he remarked. So who actually had something interesting to say?

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Morning Media Newsfeed: TWC Drops CBS Briefly | Zealot to No. 1 on Amazon | Reuters’ Twitter Hacked


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Time Warner Temporarily Removes CBS in Major Cities (NYT)
CBS stations were temporarily removed from cable systems in millions of homes in major cities — including New York and Los Angeles — about midnight on Monday, after protracted negotiations between CBS and Time Warner Cable over fees collapsed. In statements, each side blamed the other. The Consumerist In a bizarre coda to a story full of misinformation and bad math from both sides, the TWC blackout only lasted about 30 minutes, with the cable company explaining, “At the request of CBS, we have halted going dark on their channels.” Good to know that these titans of industry care enough to be this fickle with deadlines and consumers’ viewing options. TVNewser “We are now at war with Time Warner Cable,” CBS CEO Les Moonves said to the LA Times’ Joe Flint. “The outrageous demands for fees by CBS Corporation have forced Time Warner Cable to remove several of its networks,” TWC said in a statement. LA Times / Company Town Although squabbles between programmers and distributors are fairly common, seldom does it reach a point that a signal gets taken off the air, especially in big markets such as Los Angeles and New York. Deadline New York Time Warner Cable now says it has agreed to yet another extension with CBS “while we continue negotiations.” This moves the deadline to Friday, Aug. 2 at 5 p.m. ET.

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‘Too Soon to Say Anything is Final’ for NY1 Rebranding

The blogosphere backlash has been palpable.

Time Warner Cable is making the decision to do away with NY1 as a logo in favor of a more corporate friendly moniker, likely TWC News.

A TWC VP of public relations, Maureen Huff says even though NY1 is the company’s longest running news channel, this is part of a bigger picture.

Related: FishbowlNY, NY1 Reportedly Being Rebranded by Time Warner Cable Honchos

“We have 17 news outlets across the country, we have more than 800 employees working at these stations,” Huff tells FishbowlNY. “We have different brands for each of them. For NY1 as an example, we have not changed the branding in the 20 years it’s been in existence.”

Of course, the next question is why should they?

Changing the NY1 branding is not simply like Channel 4 rebranding the newscast as NBC4NewYork. Everyone knows the station is always Channel 4 and the call letters are WNBC. History is a wonderful thing.

NY1 doesn’t have call letters, it only has NY1 has its identity. So TWC brass deciding it would be less complicated to add a company “reminder” on the screen could backfire–badly.

Huff says the rebranding will also allow an opportunity to refresh the NY1 graphics, while “creating a more consistent brand across the news channels.”

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