Charter added 20K video customers in 1Q, which makes it the 1st quarterly video growth in 5 years. Net RGU adds of 274K also surpassed analysts expectations. Analysts note that the adds happened at the expense of OIBDA in the short-term, but there should be a financial pay off long-term. More on Charter CEO Tom Rutledge’s roadmap for the year.
More top stories from the 5/9/12 issue of CableFAX Daily:
 
*DirecTV US is slowing, while Latin America continues to outperform. But unlike several of DirecTV’s peers, it grew both subs and OIBDA. Analysts weigh in and DirecTV pres/CEO Michael White details his approach to the DBS’s popular Sunday Ticket.

*OWN continues to fuel Discovery Comm losses-shares closed down 6% Tues. Discovery had $50mln of income losses in 1Q, with OWN predominantly accounting for that number. But Discovery CEO David Zaslav points to the net’s recent viewership growth. Here’s more from Zaslav on OWN and Planet Green’s rebranded channel Destination America.

*Rep Mike Doyle (D-PA) wants more info from Verizon given its cable spectrum deals. In a letter to Verizon pres/CEO Lowell McAdam, Doyle said he is concerned about the continued investment in wireline and broadband.

The Daily

Subscribe
Thursday–January 20

No Olympics Travel for ESPN

Sports giant ESPN says it’s sitting out sending staff to China for the Winter Olympics due to COVID-19 concerns.

Read the Full Issue
The Skinny is delivered on Tuesday and focuses on the cable profession. You'll stay in the know on the headlines, topics and special issues you value most. Sign Up

Calendar

Jan 28
Cablefax 100 – 2022 Nominations Due: January 28, 2022
Mar 11
The FAXIES 2022Entry Deadline: March 11
Apr 1
Cablefax Top Ops – 2022Nominations Due: April 1, 2022
Jun 3
The Diversity List – 2022Nomination Deadline: June 3
Aug 12
Most Powerful Women – 2022Nominations Due: August 12
Full Calendar

Jobs

Seeking an INDUSTRY JOB?
VIEW JOBS

Hiring? In conjunction with our sister brand, Cynopsis, we are offering hiring managers a deep pool of media-savvy, skilled candidates at a range of experience levels and sectors, The result will be an even more robust industry job board, to help both employers and job seekers.

Contact John@cynopsis.com for more information.