Cable Catchup

4:45 PM -- Miller Time is rapidly approaching, so before you crack your first cool one, here are five more cable-related things you might have missed:

  • How do you make a small fortune in the cable industry? If you're Paul Allen, you start with a very large fortune. A recent filing reporetedly shows that Allen ditched about 28.5 million shares of Charter Communications Inc. stock for less than $1,000. That equates to $0.000035 per share in the debt-laden MSO, which is trying to get out of bankruptcy. (See Charter Faces Investor Lawsuit and Charter Turns to Chapter 11.)

  • As a reminder, they're about to turn out the lights at PolyCipher LLC 's HQ in Denver. The MSOs who backed the set-top security joint venture have turned they the keys over to CableLabs , an org that was already handling the licenses for PolyCipher's downloadable conditional access system. And, in other PolyCipher news, Keith Bechard, most recently an executive advisor for the JV, has joined the board of the Multimedia over Coax Alliance (MoCA) founder, Entropic Communications Inc. (Nasdaq: ENTR). (See MSOs Closing PolyCipher Headquarters and Ex-PolyCipher Guy Joins Entropic Board.)

  • Michael J. Copps may soon have to step aside as the acting Chairman of the Federal Communications Commission (FCC) and resume his role as a Commissioner. The Senate Commerce Committee, in a 24-1 vote, approved the nomination of Julius Genachowski. The full Senate will vote next.

  • Cablevision Systems Corp. (NYSE: CVC) and Cox Communications Inc. kicked some butt on J.D. Power and Associates ' latest business services satisfaction survey, taking the No. 1 and No. 2 spots, respectively, in the home-based and small/mid-sized business services segments. Comcast Corp. (Nasdaq: CMCSA, CMCSK) and Charter were at the bottom of the heap on the home-biz side, while Time Warner Cable Inc. (NYSE: TWC) and Qwest Communications International Inc. (NYSE: Q) took those dubious honors on the SMB side. Time Warner Cable, however, did better with enterprise businesses, with a No. 2 ranking, behind only Verizon Communications Inc. (NYSE: VZ). AT&T Inc. (NYSE: T) and Comcast were on the bottom.

  • Shameless Plug: We hope to see a bunch of you in Atlanta next Thursday for our one-day, next-gen video event. Need more details? Just look below the byline…

    — Jeff Baumgartner, Site Editor, Cable Digital News

    Interested in learning more on this topic? Then come to Cable Next-Gen Video Strategies: Competing in the Three-Screen World, a one-day conference that will take a comprehensive look at the cable industry's attempts to generate revenues and fend off its rivals by deploying next-generation video technologies. To be staged in Atlanta, June 25, admission is free for attendees meeting our prequalification criteria. For more information, or to register, click here.

  • Be the first to post a comment regarding this story.
    Sign In