Time Warner plans to spin off Time Warner Cable at long last

April 30th, 2008 by

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Time Warner Cable, which just endeared itself to New Yorkers with a whole mess of HD channels, is finally getting a full break from parent company and all-around media conglomerate Time Warner. This has been speculated about for years, and a portion of TWC was spun off into Bright House Networks in 2003, but the clean break should give both companies a good shot at doing what they both do best: raking in obscene amounts of cash. There’s no word on the timeline or method for the spin off just yet, only a promise to finalize an agreement “soon.” [Disclosure: Engadget is part of the Time Warner family]

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Cable companies drop Pivot, break up with Sprint Nextel

April 23rd, 2008 by

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Wow, it looks like someone was listening when we said that Pivot wasn’t going anywhere just an hour ago — Comcast, Time Warner (Engadget’s parent company) and Cox have all confirmed to the AP that they’ve backed out of the quad-play partnership, leaving Sprint alone to awkwardly hang out with Advance / Newhouse, which declined to comment. That must be a fun party. Of course, this also means both of the partnerships Sprint and Big Cable got into have now failed, but that doesn’t mean the competition in the space is over: both Time Warner and Cox say wireless is still in the cards for their companies, but Pivot was just too complicated a venture. Comcast hasn’t said anything yet, but promised a comment tomorrow sometime between 7AM and 11PM.

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Posted in sprint, comcast, time warner, TimeWarner, cox, pivot, quad-play | No Comments »

Comcast, Time Warner not interested in 700MHz auction

December 3rd, 2007 by

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In what is surely a sign that the mania around the upcoming 700MHz auction is reaching absurd levels, cable operators Comcast and Time Warner Communications both issued press releases today confirming that they would not be bidding in January’s auction. You might recall that both Time Warner (which is owned by Engadget’s parent company’s parent company) and Comcast are part of SpectrumCo, which snapped up 137 licenses covering 20MHz of spectrum the last time the FCC put airwaves on the block, so there was some speculation that the venture might ante up again this go ’round — especially since TWC CEO Glenn Britt was running around making vague proclamations about it. Still, it looks like Sprint’s exit from the alliance was enough to shelve any such plans, so it looks like the big players are still Google and Verizon. Good thing too — with this much hype over Good vs. Evil, the racket over Good vs. Evil vs. More Evil vs. Frustratingly Incompetent would be deafening.

 

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Posted in fcc, 700mhz, spectrum auction, SpectrumAuction, comcast, time warner, TimeWarner | No Comments »

FCC treats apartment dwellers to cable competition

October 31st, 2007 by

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We realize what day it is, but we’re pretty certain the FCC isn’t messing around on this one. Right on cue, regulators have “approved a rule that would ban exclusive agreements that cable television operators have with apartment buildings, opening up competition for other video providers that could eventually lead to lower prices.” The move was apparently “unanimously approved,” and Chairman Kevin Martin went on to say that there was simply “no reason that consumers living in apartment buildings should be locked into one service provider.” Not surprisingly, a spokeswoman for Comcast proclaimed that “many consumers were likely to wind up paying more for services if the FCC’s interference in the competitive marketplace stands,” but it’s fairly safe to assume Verizon and AT&T see things very differently.

 

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Posted in competition, fcc, verizon, att, cable, Government, apartment, cable competition, CableCompetition, time warner, TimeWarner, twc, lapartments | No Comments »


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