Cable operators seek to sell stake in Primestar

Article Abstract:

Some of the biggest cable companies in the US are searching for a buyer for their share in satellite broadcaster Primestar. The cable companies, which owns a total of 61% stake in Primestar, include MediaOne, Cox, Comcast, TCI Satellite Entertainment and Time Warner. The decision of the cable operators to sell part or all of their stake might dramatically affect Primestar's stock and the ability to compete in the cable and satellite businesses. Meanwhile, the Justice Department has announced its intention to bar cable out of the satellite business so that satellite will only be employed to compete on prices and services against the cable operators.

Comment:

Is one of several cable investors searching for a buyer for their share in satellite broadcaster Primestar

Asset sales & divestitures, Cable television broadcasting industry, Cable television, Comcast Corp., Cox Cable Communications, Time Warner Cable Inc., Article, MediaOne, Inc., TCI Satellite Entertainment Inc.

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AT&T rings in new year with cable rate hikes

Article Abstract:

AT and T Broadband announced on Jan 2, 2001 that it will increase its average monthly rates by almost 5% starting Feb 2001. Most of AT and T's customers will pay 4.3% more for the most common form of service, including channels such as CNN, MTV and ESPN. However, 11% of subscribers will pay an average of 6.6% more since the cable operator added a minimum of three channels to their lineups. Consumer advocates said the rate increases are unjustified. In 2000, consumer prices rose around 3.4%.

Consumer prices, Comcast Cable Holdings L.L.C.

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Cable firms miss urban opportunity

Article Abstract:

Several cable companies are making a costly mistake by focusing on stylish new services, such as digital cable, and interactive television, on suburban, and predominantly white viewers. This is the finding of Horowitz Assoc's telephone survey conducted in Feb 2001 on 2,000 consumers in urban areas with populations of 50,000 or more. According to Horowitz Assoc Pres Howard Horowitz, cable operators could do better by targeting residents of urban areas, in particular minorities.

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