If you are a customer of Charter's Spectrum (CHTR), you won't be finding Disney-owned channels (DIS) in your cable lineup. Disney pulled its channels from Spectrum amid a carriage dispute between the two companies. Goldman Sachs Managing Director Brett Feldman says there are two reasons why this dispute is happening. First with the decline in cable subscribers is accelerating, falling about 6% to 7% this year. Feldman says that's interesting because, historically, media companies have been able to raise the prices of their channels by about 5% to 6% a year. 'We've hit this tipping point now where the media companies simply can't raise prices fast enough to offset the loss of paid TV subscribers,' Feldman says, going on to say that it has 'emboldened' cable companies to start discussing the possibility of a new model. The second thing is that the cable companies have reached the 'point of economic indifference,' Feldman says. What that means is that given how much cord-cutting is happening, Charter is losing so much profitability in that business and 'basically what they're saying is we almost don't care anymore whether our customers decide to pay for a channel package or not,' Feldman says, adding that they are primarily making their money by providing internet service. Click here for more of Yahoo Finance's coverage from the Goldman Sachs Communacopia tech conference.
Tina Turner was an American-born singer. Known as the "Queen of Rock 'n' Roll."Blue Jays' Triple-A affiliate places pitcher Alek Manoah on temporarily inactive list
BUFFALO, N.Y. — Toronto Blue Jays right-hander Alek Manoah has been placed on the temporarily inactive list by the team's Triple-A affiliate. The move by the Buffalo Bisons opens a roster spot as Manoah builds back up after missing almost a month of game action. He remains with the team, which was scheduled to play the Lehigh Valley IronPigs on Tuesday night at Sahlen Field. Manoah, who has struggled for most of the season, was optioned to the Buffalo Bisons on Aug.
The Duke of Sussex’s attendance at an Inter Miami football game in Los Angeles on Sunday was not only an opportunity for the Prince to get a flavour of home, but also to put rumours of an alleged feud with the Beckham family to bed.His campaign turned the defining image into a souvenir. It’s unclear who actually owns it, Alex Woodward reports
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