Charter Communications Inc
What will TV look like in three years? These industry insiders share their predictions
Illustration by Elham Ataeiazar The media industry is in the middle of change. There’s little doubt legacy cable TV will continue to bleed millions of subscribers each year as streaming takes over as the primary way the world watches television. Still, the details of what’s about to happen to a transitioning industry are unclear. CNBC […]
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Cox launches mobile business, joining Comcast, Charter, Altice
In this photo illustration, the Cox Communications logo is displayed on a smartphone screen. Rafael Henrique | SOPA Images | Lightrocket | Getty Images Cox Communications is ringing in the new year with the official launch of its mobile business. The privately held cable and internet operator plans to announce the national launch of Cox […]
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2022 was tough for media stocks like Netflix and Disney, and 2023 doesn’t look good, either
In this photo illustration, a hand holding a TV remote control in front of the Disney Plus logo on a TV screen. Rafael Henrique | Sopa Images | Lightrocket | Getty Images Media stocks got rocked this year, with companies losing billions of dollars in market value, as streaming subscriber growth waned and the advertising […]
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Stocks making the biggest moves midday: SoFi Technologies, Charter Communications, Delta and more
Delta Airlines Embraer ERJ 170-200 flying above Los Angeles International Airport on Oct. 2, 2022 in Los Angeles, California. AaronP/Bauer-Griffin | Gc Images | Getty Images Check out the companies making the biggest moves midday: SoFi Technologies — The fintech stock jumped more than 7% after a filing showed CEO Anthony Noto bought $5 million […]
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CBS-owned stations added to free, rapidly growing local news streaming service VUit
The streaming platform VUit is bulking up with newscasts from Paramount Global‘s owned and operated local CBS TV stations as the fledgling service looks to take a bigger foothold in the sprawling U.S. local news market. The streaming newscasts from CBS’s 13 owned and operated stations, two of which are in the major markets New […]
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These stocks may be cheap buys even if a recession hits in the next 12 months
As investors deliberate over whether the Federal Reserve can navigate a soft landing, CNBC Pro identified stocks that are cheap even in a recession. Investors are concerned that a raft of growing recessionary signals could mean there is little the Fed can do to avoid a recession next year as it battles inflation. The central […]
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Stocks earning the largest moves midday: Textron, Constitution, Estee Lauder, Signet and additional
Beechcraft King Air turboprop plane are found on the assembly line at the Textron Aviation Inc. generation facility in Wichita, Kansas, on Thursday, June 7, 2018. Luke Sharett | Bloomberg | Getty Photos Look at out the businesses making headlines in midday investing. Textron – Shares of Textron jumped 6% just after the business gained […]
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Outgoing Charter CEO Tom Rutledge says in an exclusive CNBC interview that there’s ‘pain to come’ as linear TV gives way to streaming
Charter Communications Chief Executive Officer Tom Rutledge will be stepping down as the company’s CEO on Dec. 1. He will remain as executive chairman until November 2023, when his contract expires. Rutledge referred to his decision to leave as “retirement,” but the 70-year-old executive, who has been in the industry for 50 years, told CNBC […]
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Stocks making the biggest moves midday: Apple, Amazon, Intel and more
Customers shop at the Apple Fifth Avenue store for the release of the Apple iPhone 14 in New York City, September 16, 2022. Andrew Kelly | Reuters Check out the companies making headlines in midday trading. Apple – Shares of Apple jumped 8% after the technology giant beat both top and bottom line estimates when […]
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Comcast tops expectations as it squeezes out a small gain in broadband subscribers
Comcast on Thursday reported third-quarter earnings that beat analyst estimates, despite seeing revenue slightly decline and continued softness in broadband customer growth. Shares jumped 8% in premarket trading. Here’s how Comcast did in the third quarter of 2022 compared with what Wall Street was anticipating, based on a survey of analysts by Refinitiv: Earnings per […]
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