The X-News Explorer is the ultimate source of information for investors with an affinity for the stock market who want to get a quick and convenient overview of the current news situation of a listed company. Various newswire services are available here. If a news alert is displayed, you will find company news that may be of interest to you. This service is provided by PR-Newswire.
Streaming Destination for HBO, Warner Bros. Pictures, the DC Universe, A24, ID and More Now Available to All Spectrum TV Select Customers at No Extra Cost
STAMFORD, Conn. and NEW YORK, Dec. 12, 2024 /PRNewswire/ -- Spectrum and Warner Bros. Discovery Inc. (NASDAQ: WBD) today announced that WBD's premium streaming service Max is now available to all of Spectrum's TV Select video customers at no additional cost, as part of the two companies' new distribution agreement. Spectrum TV Select customers will receive Max With Ads, which retails for $9.99 per month and includes must-see entertainment from brands such as HBO, Warner Bros., Max Originals, DC, Harry Potter, as well as iconic shows like "Friends" and "The Big Bang Theory."
Ovation to Award $100,000 to 10 Arts and Cultural Organizations in Spectrum Markets Across the Country
LOS ANGELES, Dec. 10, 2024 /PRNewswire/ -- Ovation TV, America's premier arts network, and partner Spectrum today announced the recipients of the 2024-2025 Stand For The Arts Awards, which recognizes local arts, cultural and educational organizations and programs. Since the initiative began in 2017, Ovation TV and Spectrum have given out 80 awards totaling $800,000 towards arts education. This year, 10 organizations will receive support in Spectrum markets across the country.
STAMFORD, Conn., Dec. 9, 2024 /PRNewswire/ -- Charter Communications, Inc. (NASDAQ: CHTR) (along with its subsidiaries, "Charter") today announced that on December 3, 2024, its subsidiary, Charter Communications Operating, LLC ("CCO"), had entered into an amendment (the "Amendment") to its existing Credit Agreement that extends the maturity date of a significant portion of its debt due in 2027 to maturity dates in 2030 and 2031.
STAMFORD, Conn., Dec. 2, 2024 /PRNewswire/ -- Charter Communications, Inc. (NASDAQ: CHTR) (along with its subsidiaries, "Charter") today announced that Christopher Winfrey, President and Chief Executive Officer, will participate in the UBS Global Media and Communications Conference in New York, New York on Tuesday, December 10, 2024. Mr. Winfrey's remarks are scheduled to begin at 11:15 a.m. ET.
NEW YORK, Nov. 13, 2024 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Liberty Broadband Corporation (NASDAQ: LBRDA) and its board of directors concerning the proposed acquisition of the company by Charter Communications, Inc. (NASDAQ: CHTR). Stockholders will receive 0.236 shares of Charter Communications common stock for each share of Liberty Broadband stock that they hold. The transaction is expected to close by the end of the second quarter of 2027.
STAMFORD, Conn. and ENGLEWOOD, Colo., Nov. 13, 2024 /PRNewswire/ -- Charter Communications, Inc. (NASDAQ: CHTR) (along with its subsidiaries, "Charter") and Liberty Broadband Corporation (NASDAQ: LBRDA, LBRDK, LBRDP) announced today that they have entered into a definitive agreement under which Charter has agreed to acquire Liberty Broadband in an all-stock transaction.
Under the terms of the agreement, each holder of Liberty Broadband Series A common stock, Series B common stock, and Series C common stock (collectively, "Liberty Broadband common stock") will receive 0.236 of a share of Charter common stock per share of Liberty Broadband common stock held, with cash to be issued in lieu of fractional shares. Each holder of Liberty Broadband Series A cumulative redeemable preferred stock ("Liberty Broadband preferred stock") will receive one share of newly issued Charter cumulative redeemable preferred stock ("Charter preferred stock") per share of Liberty Broadband preferred stock held, which Charter preferred stock will substantially mirror the current terms of the Liberty Broadband preferred stock.
STAMFORD, Conn., Nov. 11, 2024 /PRNewswire/ -- Charter Communications, Inc. (NASDAQ: CHTR) (along with its subsidiaries, "Charter") today announced that Christopher Winfrey, President and Chief Executive Officer, will participate in Liberty Media Corporation's annual Investor Meeting in New York, New York on Thursday, November 14, 2024. Mr. Winfrey's remarks are scheduled to begin at approximately 1:40 p.m. ET. Mr. Winfrey will also participate in a Q&A session beginning at approximately 2:30 p.m. ET.
Thirty-Five Year Telecom Veteran Bill Archer, Executive Vice President and President, Spectrum Enterprise, Transitions to Advisory Role in Advance of 2025 Retirement
STAMFORD, Conn., Nov. 5, 2024 /PRNewswire/ -- Charter Communications, Inc. (NASDAQ: CHTR) today announced that Adam Ray, Charter's Executive Vice President and Chief Commercial Officer, will oversee the nearly $3 billion Spectrum Enterprise operation in addition to his current responsibilities. Bill Archer, Executive Vice President and President, Spectrum Enterprise, a 35-year telecommunications veteran, will transition to an advisory role to Mr. Ray until his retirement in 2025.
STAMFORD, Conn., Nov. 1, 2024 /PRNewswire/ -- Charter Communications, Inc. (along with its subsidiaries, the "Company" or "Charter"), which operates the Spectrum brand, today reported financial and operating results for the three and nine months ended September 30, 2024.
Third quarter total Internet customers decreased by 110,000. As of September 30, 2024, Charter served 30.3 million Internet customers.Third quarter total mobile lines increased by 545,000. As of September 30, 2024, Charter served 9.4 million mobile lines.As of September 30, 2024, Charter had a total of 31.7 million customer relationships, excluding mobile-only relationships.Third quarter revenue of $13.8 billion grew by 1.6% year-over-year, driven by residential mobile service revenue growth of 37.6% and residential Internet revenue growth of 1.7%.Net income attributable to Charter shareholders totaled $1.3 billion in the third quarter.Third quarter Adjusted EBITDA1 of $5.6 billion grew by 3.6% year-over-year.Third quarter capital expenditures totaled $2.6 billion and included $1.1 billion of line extensions.Third quarter net cash flows from operating activities totaled $3.9 billion, in-line with the prior year period.Third quarter free cash flow1 of $1.6 billion increased from $1.1 billion in the prior year, primarily driven by lower capital expenditures and higher Adjusted EBITDA.During the third quarter, Charter purchased 844 thousand shares of Charter Class A common stock and Charter Communications Holdings, LLC ("Charter Holdings") common units for $262 million.
New Multi-Year Partnership Includes Continued Carriage of NBCUniversal's Broadcast and Cable Networks and Peacock Premium for Spectrum Video Customers at No Additional Cost
NEW YORK and STAMFORD, Conn., Oct. 2, 2024 /PRNewswire/ -- NBCUniversal and Charter Communications, Inc. (NASDAQ: CHTR) today announced a holistic content distribution agreement that further transforms the rapidly shifting video landscape by adding NBCUniversal's Peacock, NBCUniversal's streaming service, for Spectrum TV Select video customers. Through this mutually beneficial multi-year deal, Charter will continue its carriage of NBCUniversal's full portfolio of broadcast, entertainment, Hispanic, news and sports networks while advancing its industry-leading strategy of including streaming apps in the cable bundle by making ad-supported Peacock available to Spectrum TV Select customers at no additional cost in the coming months.