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Charter Communications

Charter Names Chris Winfrey President and CEO; Tom Rutledge to Serve as Exec Chair

Cable giant Charter Communications said on Wednesday that it has named Chris Winfrey president and CEO, effective Dec. 1. Tom Rutledge, who has announced his plans to retire as CEO after a 50-year career beginning as a technician in 1972 while in college, will leave his president and CEO roles, while serving as executive chairman […]

Charter CEO On Political Ad Spending: “The More Contentious the Elections, the Better”

After cable giant Charter Communications lost 226,000 pay TV subscriber during its latest quarter, company chairman and CEO Tom Rutledge says his video business isn’t going away any time soon. “I don’t think it’s about to precipitously fall apart. All the forces in it remain and [if] they stay in the next three or four […]

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 […]

Altice USA Confirms It’s Shopping Telcom Suddenlink

Cable giant Altice USA has confirmed it has put its telcom Suddenlink assets up for a sale after fielding interest from several buyers. Altice USA CEO Dexter Goei, during an analyst call Wednesday, responded to market chatter about a possible sale. “I think we can confirm there is a process going on. I don’t think […]

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 […]

Katherine Pope Tapped to Lead Sony Pictures Television Studios

Katherine Pope is returning to the studio fold. The seasoned executive, who most recently headed originals at Charter Communications, has been tapped to replace Jeff Frost as president of Sony Pictures Television Studios. She begins her new role Aug. 22 and reports to Ravi Ahuja, chairman of global television studios and Sony Pictures Entertainment corporate […]

Broadband Is “Absolutely Still a Growth Business” Despite Near-Term Challenges, Charter CFO Says

Broadband internet is “absolutely still a growth business,” the CFO of cable giant Charter Communications told an investor conference on Wednesday. “There is a lot of potential to continue to grow” beyond expanding the company’s broadband footprint, Jessica Fischer said during the 24th annual Credit Suisse Communications Conference in a session that was webcast. She […]

A “Roku Killer” or Something Less Ambitious? Behind Comcast and Charter’s Streaming Bet

When cable giants Comcast and Charter Communications unveiled a joint venture that aims “to develop and offer a next-generation streaming platform on a variety of branded 4K streaming devices and smart TVs” on April 27, the deal attracted attention across Wall Street and beyond. The goal is to build on Comcast’s Flex streaming product to […]

Charter CEO: Password Sharing “Diminishes the Value of Content for Everybody”

Password sharing, which streaming giant Netflix is looking to crack down on, is hurting the value of content across the media industry, Tom Rutledge, chairman and CEO of cable operator Charter Communications, said on Friday. “We knew it is a problem,” the executive said on the company’s first-quarter earnings conference call. “It is not just […]

Comcast, Charter Team to Develop Nationwide Streaming Platform

Cable giants Comcast and Charter Communications said on Wednesday that they have formed a 50:50 joint venture “to develop and offer a next-generation streaming platform on a variety of branded 4K streaming devices and smart TVs.” The venture will offer app developers, streamers, retailers, operators and hardware manufacturers “the opportunity to reach customers in major […]

Charter CEO Tom Rutledge’s Pay Rises to $41.8M in 2021

Charter Communications chairman and CEO Tom Rutledge received compensation worth $41.8 million in 2021, just up from $38.8 million in 2020 and $8.74 million in 2019. An SEC filing issued Thursday by Charter, in which John Malone’s Liberty Broadband owns a big stake, indicated Rutledge’s base salary for 2021 was $2.5 million, a bump up […]

Charter Loses 58,000 Pay TV Subs, Broadband User Growth Slows to 190,000

Cable operator Charter Communications, in which John Malone’s Liberty Broadband owns a big stake, lost more pay TV subscribers in the fourth quarter than in the year-ago period, while its broadband user growth slowed. Charter lost 58,000 pay TV subscribers in the final quarter of 2021, compared with a loss of 35,000 in the year-ago […]