More People Stream than Watch Cable and Broadcast TV for the First Time
Streaming Surpasses Traditional Television for the First Time For the first time, more people are streaming on their televisions than watching cable or broadcast channels combined. In May, traditional television accounted for just 44.1% of total viewing time—20.1% from broadcast and 24.1% from cable. In contrast, streaming soared to 44.8%. This data specifically reflects how […]
Finland Blames Russia-Linked Ship for Undersea Cable Damage
HELPINKI – Finnish Authorities Criticize Russian-Linked Vessel for Cable Damage Finnish officials have criticized senior personnel aboard a Russian-related vessel for criminal charges connected to the damage of submarine cables between Finland and Estonia last year. On December 25, the oil tanker Eagle S reportedly dragged its anchor, damaging the Estlink 2 power cable and […]
Warner Bros. Discovery dividing streaming services from cable TV channels
Warner Bros Discovery to Split into Two Companies On Monday, Warner Bros Discovery announced plans to separate its studio and streaming operations from its cable television networks, creating two distinct companies. This restructuring aims to enhance competitiveness in the streaming landscape, allowing the streaming segment more freedom to grow content production, particularly as the cable […]
Warner Bros. Discovery Begins New Wave of Job Cuts Across Cable Networks
Warner Bros Discovery Implements Layoffs On Wednesday, Warner Bros Discovery announced another wave of layoffs, which reportedly affected “under 100” employees. This round of cuts appeared to target those whose specific cable channels were less impacted compared to others. No distinct features were highlighted as being specifically affected. In December 2024, the company took significant […]
Warner Bros. Discovery Initiates New Layoffs at Cable Networks
Warner Bros Discovery Announces Layoffs Warner Bros Discovery revealed on Wednesday that it will be laying off a number of employees, with sources indicating the total is “under 100.” The affected staff primarily worked on cable channels that weren’t as significantly hit as others, and specific roles haven’t been singled out for elimination. In December […]
Charter and Cox Reveal Merger Agreement in Significant Cable Industry Deal
Charter Communications to Acquire Cox Communications On Friday, Charter Communications revealed its plan to acquire Cox Communications in a substantial transaction valued at $21.9 billion. This deal, with a total worth of $34.5 billion, takes into account $21.9 billion in equity and an additional $12.6 billion in net debt and other obligations. It reflects Charter’s […]
Mobile Giants Go Head-to-Head With Cable Firms and the Pentagon Over Cruz’s Supported Plan for a Major Legislation
The ongoing battle over America’s radio frequencies, valued at $88 billion, is stirring conflict between the Pentagon and major telecom companies, with implications for national debt, wireless speeds, and security at stake. This confrontation was sparked by the House Energy Committee advancing a budget that aims to restore the Federal Communications Commission’s (FCC) auction processes […]
Charter Communications is acquiring cable competitor Cox for $21.9 billion.
Charter Communications announced on Friday its acquisition of the privately held Cox Communications for $21.9 billion, combining two major players in the cable and broadband sector as they face competition from streaming services and mobile providers. With many consumers turning to platforms like Netflix, American media companies are reassessing their approach to the once-booming cable […]
Top 1,000 cable news broadcasts since Election Day
Since Election Day last year, Fox News Channel has consistently led in cable news ratings, achieving a remarkable 1,013 top broadcasts. One standout moment was President Donald Trump’s inauguration, which drew 11.7 million viewers, marking it as the highest-rated hour to date. Interestingly, MSNBC’s “The Rachel Maddow Show” did not make the top list, landing […]
Three Tourists Among Dead in Cable Car Crash in Naples, Italy
ROME (AP) – Three tourists, including a British couple, were among the four people killed when a mountain cable vehicle plunged into Naples’ southern valley, officials confirmed Saturday. The UK’s Foreign, Federal and Development Authority said in a statement that it was “supporting the families of a British couple who died in Italy and are […]