After peaking at 65.5% in ’98, cable penetration of US homes was 58% by the end of ’06, reported SNL Kagan. Kagan said cable’s market penetration will likely fall below 58% by year-end. Other numbers as of Dec ’06: 65.4mln basic cable subs; 112mln occupied cable homes passed; a $41.12/month avg basic cable rate.

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Tuesday–July 1

FCC Blesses Rincon’s Purchase of Sinclair Stations

The FCC Media Bureau gave the greenlight to Rincon Broadcasting’ s purchase of five Sinclair stations, despite a petition to deny the deal from a watchdog group. Frequency Forward , which says its mission is

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