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Charter CFO: Hollywood Is Starting to See That Bundling Can Reduce Subscriber Churn

Entertainment companies pushing into the streaming business are noticing the challenges of subscriber turnover that cable companies have long known, the CFO of cable giant Charter Communications said during an investor conference on Wednesday, touting the benefits of the sector’s traditional business approach of bundling video services. “It’s a strange balance,” Jessica Fischer told the Bank of […]

Charter Loses 226,000 Pay TV Subs in Second Quarter

Cable giant Charter Communications, in which John Malone’s Liberty Broadband owns a big stake, reported its second-quarter results, including latest subscriber trends, on Friday. The company, led by chairman and CEO Tom Rutledge, lost 226,000 pay TV subscribers in its latest quarter, compared with a loss of 50,000 in the year-ago period. Charter’s broadband user […]