The fight between cable providers and TV programmers over the cost of content gets amped up to 11 in Wednesday's cable round-up.
Time Warner Cable Inc. is warning television programmers not to impose "huge price increases" for television content, as fierce disputes over programming costs have forced fresh blackouts of channels on Time Warner Cable and others. "Consumers are tired of these disputes and so are we -- television networks can't continue to demand huge price increases and expect us to silently pass those cost increases on to our customers," the cable provider stated in The Wall Street Journal.
TWC, meanwhile, has been accused by Nexstar Broadcasting Group Inc. of stealing NBC signals in Indiana and Pennsylvania and a CBS signal from Rochester, N.Y. that it owns and illegally retransmitting them to markets including Cincinnati; Louisville, Ky; and Orlando, Fla. Nexstar is suing TWC in the U.S. District Court in the northern district of Texas, alleging copyright infringement and breach of contract, Adweek reports.
Dish Network Corp.'s shares had their biggest one-day gain since early March on Tuesday thanks to a positive report from a Wells Fargo & Co. analyst. Marci Ryvicker wrote that concerns that Dish Chairman Charlie Ergen will spend billions of dollars building a 4G wireless network in satellite spectrum are unfounded. The note sent Dish's stock up 4.6 percent to $28.90 at in the close yesterday, according to Bloomberg.
Police confirmed Tuesday that a Comcast Corp. worker has been killed in an armed robbery gone awry, the Maryland Gazette reports. Thirty-year Comcast installer Bradford McCoy was run over by another victim of the attempted robbery trying to escape the scene, police say.
The City of Redondo Beach may charge Time Warner Cable with vandalism after a bizarre marketing campaign by the cable provider. The Redondo Beach Patch reports that TWC wrote on the city's esplanade with blue chalk to advertise its free Wi-Fi service.
Currently we allow the following HTML tags in comments:
Single tags
These tags can be used alone and don't need an ending tag.
<br> Defines a single line break
<hr> Defines a horizontal line
Matching tags
These require an ending tag - e.g. <i>italic text</i>
<a> Defines an anchor
<b> Defines bold text
<big> Defines big text
<blockquote> Defines a long quotation
<caption> Defines a table caption
<cite> Defines a citation
<code> Defines computer code text
<em> Defines emphasized text
<fieldset> Defines a border around elements in a form
<h1> This is heading 1
<h2> This is heading 2
<h3> This is heading 3
<h4> This is heading 4
<h5> This is heading 5
<h6> This is heading 6
<i> Defines italic text
<p> Defines a paragraph
<pre> Defines preformatted text
<q> Defines a short quotation
<samp> Defines sample computer code text
<small> Defines small text
<span> Defines a section in a document
<s> Defines strikethrough text
<strike> Defines strikethrough text
<strong> Defines strong text
<sub> Defines subscripted text
<sup> Defines superscripted text
<u> Defines underlined text
Network Computing encourages readers to engage
in spirited, healthy debate, including taking us to task.
However, Network Computing moderates all comments posted to our site,
and reserves the right to modify or remove any content that it determines to be derogatory,
offensive, inflammatory, vulgar, irrelevant/off-topic, racist or obvious marketing/SPAM.
Network Computing further reserves the right to disable the profile of any commenter participating
in said activities.
