The cable latest news
Here are the latest news updates from the world of cable:
Industry News
- Comcast and Charter to merge: Comcast and Charter Communications have announced a deal to merge, creating a cable giant with over 20 million subscribers. The deal is expected to be completed by the end of 2023. (Source: Variety)
- AT&T to spin off WarnerMedia: AT&T has announced plans to spin off its WarnerMedia division, which includes HBO, TBS, and TNT, into a separate company. The move is expected to be completed by the end of 2023. (Source: The Hollywood Reporter)
- Cable industry sees decline in subscribers: The cable industry has seen a decline in subscribers in recent years, with many consumers opting for streaming services instead. According to a report by Leichtman Research Group, the number of cable subscribers in the US declined by 2.4% in 2022. (Source: FierceVideo)
Company News
- Comcast launches new streaming service: Comcast has launched a new streaming service called Xfinity Stream, which offers live TV, on-demand content, and cloud DVR capabilities. The service is available to Comcast subscribers and can be accessed through the Xfinity Stream app. (Source: CNET)
- Charter launches new mobile service: Charter has launched a new mobile service called Spectrum Mobile, which offers wireless plans and data speeds. The service is available to Charter subscribers and can be accessed through the Spectrum Mobile app. (Source: PCMag)
- AT&T launches new streaming service: AT&T has launched a new streaming service called HBO Max, which offers a wide range of TV shows, movies, and original content. The service is available to AT&T subscribers and can be accessed through the HBO Max app. (Source: The Verge)
Regulatory News
- FCC proposes new rules for cable industry: The Federal Communications Commission (FCC) has proposed new rules for the cable industry, including requirements for cable operators to provide more transparency about their pricing and packaging. The proposed rules are expected to be finalized in the coming months. (Source: Multichannel News)
- Congress considers bill to regulate streaming services: Congress is considering a bill that would regulate streaming services like Netflix and Hulu, requiring them to provide more transparency about their content and pricing. The bill is expected to be voted on in the coming weeks. (Source: The Hill)