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business8 days ago

SpaceX Eyes a Wireless Future: A Starlink-Powered Mobile Network

SpaceX is pursuing a retail wireless service and a potential standalone U.S. mobile network, backed by Starlink infrastructure and a mid‑band spectrum acquisition. Talks with Charter hint at a partnership to achieve ground density while SpaceX builds out towers and small cells over years. If realized, SpaceX could own pricing and the customer relationship, using satellites for reach and Charter for dense coverage, effectively turning into a full wireless carrier and distribution platform—though execution challenges and capital needs remain substantial.

via Trefis|
#business#charter#spacex
Charter Faces Lawsuit Over Misrepresented Impact After GOP Kills Low-Income Broadband Program
business10 months ago

Charter Faces Lawsuit Over Misrepresented Impact After GOP Kills Low-Income Broadband Program

Last year, Republicans ended the FCC's Affordable Connectivity Program, which provided discounts to low-income Americans, leading to increased broadband costs and subscriber losses for Charter. Now, Charter faces a class action lawsuit claiming it misrepresented the impact of losing the program, amid ongoing subscriber declines and industry challenges.

via Techdirt.|
#broadband#business#charter
Charter's Stock Dives as CFO Warns of Potential Broadband Subscriber Losses
business2 years ago

Charter's Stock Dives as CFO Warns of Potential Broadband Subscriber Losses

Charter shares plunged over 8% after the company's Chief Financial Officer, Jessica Fischer, stated that the company may lose broadband subscribers in the fourth quarter. The drop in subscribers in October, partly due to a dispute with Disney and higher interest rates, continued into November. Charter has invested billions in expanding its broadband coverage, but the housing market slowdown has impacted demand. Fischer remains optimistic, citing a potential rebound in the housing market and the inclusion of Disney+ in some Spectrum plans as drivers for subscriber growth.

via CNBC|
#broadband-subscribers#business#charter
"Hamas Charter: A Threat to Christians and US Service Organizations"
terrorism2 years ago

"Hamas Charter: A Threat to Christians and US Service Organizations"

The Hamas terror organization, known for its hostility towards Jews and Israel, also targets Christians and US service organizations such as Rotary and Lions clubs. The group's charter, adopted in 1988, seeks to expand Islam globally and considers non-believers as enemies. The charter accuses these organizations of attempting to "sabotage societies" and "achieve Zionist interests." The FBI has increased investigations into Hamas to disrupt potential attacks on US soil and cut off financial support to the group. Despite the humanitarian work done by these organizations, Hamas views them as part of a "national sin" and a threat to their ideology.

via Fox News|
#charter#christians#hamas
Charter CEO Optimistic about Disney Carriage Deal, Despite Q3 Revenue Drop and Stock Impact
business2 years ago

Charter CEO Optimistic about Disney Carriage Deal, Despite Q3 Revenue Drop and Stock Impact

Charter CEO Chris Winfrey acknowledged the loss of 320,000 video customers during the third quarter due to the Disney carriage fight but called the resulting deal a "significant step forward for the video ecosystem." The agreement, which ended a 10-day blackout of ESPN, ABC stations, and other networks, creates a new hybrid distribution model that includes free access to Disney's direct-to-consumer apps. The company estimated that the Disney dispute directly led to 100,000 video customers and 15,000 internet customers disconnecting their service. Despite beating Wall Street expectations in terms of revenue and earnings per share, Charter's shares slid due to concerns over lower-than-expected free cash flow and slower broadband growth.

via Deadline|
#business#carriage-deal#charter
The Convergence of Telecom and Cable Companies in the Era of Cord Cutting
technology2 years ago

The Convergence of Telecom and Cable Companies in the Era of Cord Cutting

Charter and Disney have reached an agreement to offer a new cable bundle that combines Charter's Spectrum cable and Disney's streaming services into one package. The bundle includes Disney Plus Basic and ESPN Plus subscriptions, with the option to combine bills for other services like Hulu with Live TV. This move aims to provide convenience for consumers and potentially stabilize the declining pay TV industry. However, it may not impact streaming giants like Netflix and Amazon Prime Video, as they do not rely on cable bundles for distribution.

via The Verge|
#cable-tv#charter#disney
NASCAR's Charter Shuffle: Spire Motorsports, Trackhouse Racing, and Live Fast Motorsports in Multi-Million Dollar Deals
sports2 years ago

NASCAR's Charter Shuffle: Spire Motorsports, Trackhouse Racing, and Live Fast Motorsports in Multi-Million Dollar Deals

Spire Motorsports has acquired Live Fast Motorsports' charter for approximately $40 million, increasing its car count to three for the 2024 season. Zane Smith, the defending Truck Series champion, will drive the newly acquired charter under a unique arrangement with Trackhouse Racing. The rising value of charters reflects the expected increase in financial revenue for NASCAR teams, particularly through the upcoming Cup Series television contract negotiations. Team executives anticipate charter values to rise to around $50 million once the negotiations conclude.

via The Athletic|
#charter#live-fast-motorsports#nascar
business2 years ago

The Disney-Charter deal reshapes cable and streaming TV landscape.

Disney and Charter have reached an agreement to end their carriage dispute, with Charter offering select Disney streaming services as part of its cable packages at no additional cost to consumers. Analysts see this deal as a win-win for both companies and a step towards a fully streaming future. Charter's focus on offering more bundles and Disney's plans to take ESPN fully over the top as a direct-to-consumer streaming service were incentives for the agreement. Disney stands to gain additional revenue of about $400 million to $500 million annually, assuming the addition of roughly 12 million subscribers through Charter. However, Disney did give up several networks in exchange for strong rate increases for ESPN.

via Yahoo Finance|
#business#cable-bundle#charter
Disney and Charter Resolve Cable TV Dispute, Avoiding ESPN Blackout
business2 years ago

Disney and Charter Resolve Cable TV Dispute, Avoiding ESPN Blackout

Disney and Spectrum cable service have reached a new carriage deal, ending the ten-day blackout of Disney channels on Spectrum. The agreement includes free access to Disney+'s ad-supported tier and ESPN+ subscriptions for Spectrum subscribers. The resolution comes just in time for the first Monday Night Football broadcast on ESPN, which was ESPN's sixth-highest-watched broadcast last season. Financial terms of the deal were not disclosed.

via Forbes|
#business#carriage-deal#charter
Disney Co-Chair and ESPN Chairman on Spectrum Carriage Deal: A Glimpse into the Future of Entertainment
business2 years ago

Disney Co-Chair and ESPN Chairman on Spectrum Carriage Deal: A Glimpse into the Future of Entertainment

Disney executives Dana Walden and Jimmy Pitaro have expressed their satisfaction with the recently announced carriage renewal deal with Charter, stating that it aligns well with the current streaming/linear hybrid environment. The agreement includes various provisions benefiting both parties, such as Charter gaining the right to offer the ad-supported tier of Disney+ to its subscribers and Disney receiving distribution support for its entire direct-to-consumer portfolio. The deal reflects the changing landscape of the industry and the importance of ad-supported streaming for Disney's future business. The agreement also leaves room for Hulu to be integrated into Spectrum subscriber tiers, and a unified app interface blending Hulu and Disney+ content is in the works. The settlement has been viewed positively by Wall Street, with both Disney and Charter shares rising.

via Deadline|
#business#carriage-deal#charter
"Get a Free Trial of fubo TV with Charter's Spectrum Offer"
business2 years ago

"Get a Free Trial of fubo TV with Charter's Spectrum Offer"

As the Charter-Disney dispute continues, Spectrum is now offering its customers a free trial for fubo TV, in response to Disney's promotion of a $20 per month discount for Hulu + Live TV. The ongoing battle between the two companies suggests that a resolution is not imminent, and both sides are trying to win over Spectrum subscribers with promotions for their preferred streaming services.

via Awful Announcing|
#business#charter#disney