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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Wednesday–January 19

Mediacom, West Des Moines Settle

The West Des Moines City Council on Tuesday night approved a settlement with Mediacom resolving the operator’s lawsuit over the city’s construction of a $50 million conduit network. The vote was 4-0, with

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