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AT&T, DirecTV Set Rate Hikes

Light Reading
LR Cable News Analysis
Light Reading
12/30/2010

Welcome to a very brief summary of today's cable news headlines:

  • It’s rate hike season. AT&T Inc. (NYSE: T) jacks U-verse TV fees by up to 10 percent; DirecTV Group Inc. (NYSE: DTV) sets 4 percent increase.

  • With its new home monitoring service, will Verizon Communications Inc. (NYSE: VZ)’s new slogan be, “I can see you now?” (See Verizon Tests Home Monitoring.)

  • Don’t let kids younger than six play 3D video games. Nintendo of America Inc. says it’ll stunt the growth of their eyes. (See 3DTV Eye Strain? Take a Break, ESPN Says.)

  • Cheap programming may help Dish Network LLC (Nasdaq: DISH) recruit new subs, but those promotions are taking a toll on its stock.

  • Only two days until Oprah flips on OWN, and she already has her first negative review.

  • 2011 will be the year for cord cutting, if you buy GigaOm’s view that Google TV, Apple TV, and Boxee will get it done. (See Boxee Launches Cord-Cutting Box .)

  • Web surfers shouldn’t have to buy a cable subscription to get access to Comcast Corp. (Nasdaq: CMCSA, CMCSK)’s TV Everywhere site, the Los Angeles Times argues.

    — Steve Donohue, Special to Light Reading Cable

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