Charter Communications plans to acquire Time Warner Cable in a $78.7bn deal. The acquisition follows an earlier attempt by Comcast to buy TWC, a plan foiled by regulators worried about lack of competition in the market for high-speed internet.
The combined company will be the second-largest U.S. cable operator and the largest in Southern California. It will be the third-largest pay TV company in the U.S. behind Comcast and the planned AT&T-DirecTV. It would be the biggest player in such major markets as New York and L.A. Overall, the combined cable company would have 23.9 million total subscribers in 41 markets, compared with Comcast’s roughly 27 million customer relations as of the end of the first quarter.
Tl;dr together they will account for 34 percent of the US cable market, and still not be as big as that beast, Comcast, with 42 percent. Read the rest
Across the US, 31 communities
have joined forces to make the dream of fast, affordable, and reliable gigabit-speed broadband a local reality. The Next Century Cities
program, launched this week, hopes to defeat the forces holding broadband back. The 31 inaugural signatories
are: Read the rest
Iowa Senator Chuck Grassley and I have something in common—we both loathe the distinct lack of history present on The History Channel. Since January, the Senator has posted multiple complaints about this problem on his Twitter account. Reading them, I feel a kindred spirit. (Via Pourmecoffee) Read the rest
In this anti-cable TV campaign from the early 1970, theater operators agitate against the prospect of competition in their customers' own living rooms. The strategy: present its own prime product—movies for mature audiences—as something no-one would want to see at home. Brilliant!
"Monsters do have their place. In the zoo. In nightmares. In the deep. In your favorite horror movies. But not in your living troom, on your TV! Don't let pay TV be the monster in your living room. Pay TV and cable TV companies are seeking the right to charge you for the very programs that you now get free. If you want to stop pay TV and save free television ,sign the petition in the lobby of this theater. Let your lawmakers know how you feel in the fight against pay TV and cable TV."
[via J-walk] Read the rest