In ’07, Cox added more than 1mln RGUs for the 7th straight year (14.6mln total at year-end), saw less than 0.4% reduction in basic subs, and grew digital penetration to 58% of basic. 62% of the MSO’s residential customers were bundling 2 or more services as of Dec 31, a group expected to surpass 4mln total in ’08. Added last year were 357K residential phone subs (+18%); business VoIP customers increased by nearly 30%. Other annual growth rates: HSD (+11%), digital (+11%) and non-video (25%).

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Wednesday–July 2

Paramount’s Reason for Settling Trump Lawsuit

With news breaking overnight of Paramount Global’s $16 million settlement of President Trump’s “60 Minutes” lawsuit, the company couldn’t ignore the elephant in the room during its annual shareholder meeting Wednesday.

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