Liberty Global buys Virgin Media for $23.3 billion

Liberty Global acquires Virgin Media for $233 billion

Some British cable subscribers will soon have a new master: international telecom giant Liberty Global has just acquired Virgin Media for $23.3 billion in cash and stock. The deal gives Liberty an even larger stake in Europe than it had before and, if you believe the new partners, creates one of the bigger broadband companies on the planet at 47 million homes covered across 14 countries. Liberty also sees Virgin as good at tackling the business and mobile spaces that have been its relative weak points. How this will affect the UK isn’t immediately apparent, although Virgin Media will continue to run under its existing name — that moebius logo isn’t going anywhere in the foreseeable future. We’ll at least have some room to ponder the consequences when the buyout isn’t poised to close until sometime in the second quarter.

Filed under: ,

Comments

Source: Liberty Global (PDF)

Netflix: "The Goal Is to Become HBO Faster Than HBO Can Become Us"

We’ve long know that Netflix is ambitious, striving to make its own original content when it can. But now the company had made its intentions clear: it isn’t just keeping up with the big boy cable networks—it plans to beat them at their own game. More »

Cuba confirms Alba-1 fiber hook-up to Venezuela, internet remains on lockdown

Cuba confirms Venezuela Alba1 fiber hookup, internet remains on lockdown

Cuba may only be positioned 100 or so miles from Key West, but the US embargo meant an undersea fiber link to North America hasn’t been a possibility. Earlier this week, though, we began to see discussion regarding traffic passing through a connection to Venezuela, and ETECSA, a government-owned telecom provider, has now confirmed that a 994-mile cable has been operational since August, though in a limited capacity. On January 10th, ETECSA stepped up its utilization, testing the connection using “real traffic.”

The $70-million Alba-1 cable, which has a reported lifespan of 25 years, was completed in February 2011, though it’s not clear when, or if, citizens will see any benefit — a statement explained that it “will not automatically mean an increase in access.” That’s not great news for Cubans, but at least Hugo Chavez now has the possibility of a direct link to his home country — with a Netflix subscription and a VPN tunnel to the good ole US of A, his recovery could be a little more speedy.

Filed under:

Comments

Source: AFP

How To Ditch Your Cable Internet Provider Forever

You’ve had it up to here with being treated more like a revenue stream than a customer by your cable internet provider and are ready to jump ship. Fantastic, but if not to a competing telco, then to where? Here are four broadband alternatives that don’t require a visit from the cable guy. More »

Rogers to buy Mountain Cable, license wireless spectrum from Shaw for $710 million

Rogers to buy Mountain Cable, license wireless spectrum from Shaw for $710m

Reuters is chiming in this evening with word that Canadian telco Rogers is ready to spend $710 million ($700 million in Canuck cash) to buy Mountain Cablevision Limited and license wireless spectrum from cable giant Shaw Communications. If Rogers sees fit, it can even buy up spectrum licenses from Shaw in Alberta, British Columbia, Manitoba, Northern Ontario and Saskatchewan thanks to the deal. Cable channel TVtropolis, which is jointly owned by Shaw and Rogers, will see the remainder of its Rogers-owned stake bought up by Shaw for roughly 59 million Canadian dollars. There’s no word on when the deals will be finalized, but you can expect to hear Rogers and Shaw give themselves hearty pats on the back when they get rubber-stamped.

Update: Eagle-eyed commenters have pointed out that it’s Shaw which will buy the remaining steak in TVtropolis it doesn’t own, not Rogers. We’ve updated the post accordingly.

Filed under:

Comments

Source: Reuters

Cable subscription models unlikely to change in next five years

If you’ve been waiting for cable companies to offer a la carte options, you’ll be waiting a pretty long time. Following comments made by three cable company executives during a panel at CES 2013 last week, it appears as though such subscriptions as a la carte options will remain a fantasy for at least five years, and likely even longer.

slashgear-0000

Verizon, DISH, and Starz Media are all well aware that many subscribers would love to cut their cable bills down and choose only the channels they watch most often, rather than paying one huge bill for hundreds of channels that will go unwatched. However, Dave Shull of DISH says that, because of various costs, he doesn’t see that happening anytime soon.

Shull said that two companies alone account for about 50% of the DISH’s cost for content, one of them being Disney. If DISH were to unbundle the channels, the cost of the priciest channels would be spread across fewer subscribers, which would mean much higher prices. Shull mentions that mini-packages of related shows, such as sports and family programming, that subscribers can pay for on top of basic cable are about as close to a la carte cable as the industry will get for now.

The panelists acknowledged that the high cost of cable is driving some customers to cancel their service in favor of streaming options. However, John Penney of Starz Media says that these kinds of streaming services will never give customers access to premium content, because an $8 monthly subscription isn’t enough to cover the expense of licensing top shows.

However, this doesn’t mean that other companies aren’t working on similar solutions. Intel was rumored to be introducing their own cable and web TV options at CES, and while we didn’t hear anything about that during the show, it’s possible that it’s still in the making. Of course, Apple could also have something in the works as well. We know they’re rumored to out some new TV hardware, but it’s possible they could have more cable options coming to Apple TV in the future.

[via Tech News Daily]


Cable subscription models unlikely to change in next five years is written by Craig Lloyd & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.

Intel demos ‘headless’ 6-tuner cable gateway for Comcast

Intel demos 'headless' 6tuner cable gateway for Comcast

Pre-CES rumors suggested Intel would announce a “virtual cable” service (before being stamped out) but the partnership with Comcast it actually revealed turned out to be far more conventional. Very similar to the tru2way multiroom box Intel demonstrated back at IDF in 2009, the Multi-Screen Video Gateway by Arris capitalizes on DLNA standards — touted by the alliance earlier today — to bring video to virtually any device in your home. It’s “headless”, because it’s not built to connect directly to any TV, just shoved somewhere out of sight while you tune in on your various screens. Of course, these demos have been here before and the DTCP-IP technology behind it isn’t particularly new either, so why could 2013 finally be the year we see these features roll out from major providers?

Intel demos 'headless' 6tuner cable gateway for Comcast

As cited in the earlier press release, DirecTV has released Genie DVRs loaded with RVU that pushes video directly to TVs and even the PS3 in the past year, providing one example of the tech in action. The updated FCC IP interface requirements and continued work on the DLNA Premium Content guidelines are also forcing progress forward, albeit slowly. Finally, there’s some hope that the CE and cable industry can actually work together, as seen in Comcast’s RDK program that’s pushing the development of this box and others (like that Humax box we spotted floating through the FCC) with similar capabilities. The box was running Comcast’s new X1 cloud-based guide which has seen a limited rollout so far, but because of how it works is more easily accessed and updated on connected devices. Of course even with all that, we’ve been down this road before (again and again and again and again) so despite a slick demo we’ll withhold excitement until hardware is actually released.

Filed under: , ,

Comments

A Time Warner Tie-In Just Turned Your Roku Into a Full-On Cable Box

Verge is reporting that Roku and Time Warner have announced that the cable company’s app—which offers up more than 300 channels of live TV—is coming to the little purple puck. That essentially turns the $50 streaming device into a full-on cable box. More »

Sony Is Going to Make a Cable Killing Streaming TV Service Later This Year

Variety reports that one of Sony’s big fish announcements this year will be a broadband TV service that’ll compete directly with cable. The TV service will offer multiple channels licensed from different content companies and will stream over the Internet. Meaning there would be no more need for cable. Meaning awesome. More »

The Future of TV May Not Be Worth It

The platonic ideal of television’s future is a la carte consumption: the ability to pay only for the channels you want. It’s a dream that everyone from Apple to Intel has reportedly pursued, and one that every half-sentient cable customer desires. But maybe the question isn’t can—or will—this happen some day. What we should really be asking is: when it does happen, what will it cost us? More »