NEW YORK (Reuters) - A federal appeals court on Friday threw out a $229,500 award that a Texas woman had won from Time Warner Cable Inc for harassing her with 153 robocalls after she told it to stop. A woman walks in front of the Time Warner Cable logo at its office in San Diego, California, U.S., November 2, 2016. REUTERS/Mike Blake/File Photo The 2nd U.S. Circuit Court of Appeals in Manhattan said the July 2015 award to Araceli King of Irving, Texas, was based on an incorrect interpretation of the federal Telephone Consumer Protection Act of 1991 (“TCPA”). King, an insurance claims specialist, sought damages because Time Warner Cable kept leaving her messages for someone who once held her cellphone number, even after she made clear in a seven-minute discussion with a company representative who she was. Seventy-four of the messages came after King sued. But in Friday’s decision, Circuit Judge Gerard Lynch said it was unclear if Time Warner Cable … [Read more...] about Court throws out Time Warner Cable $229,500 penalty for 153 robocalls
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As Dallas-based AT&T awaits a court decision that will shape its future, the company has pushed ahead with new offerings and reached 1.5 million customers with its streaming service DirecTV Now. The Dallas-based telecom released the latest subscriber count in a Wednesday earnings call during an especially high-stakes time in the company's history. AT&T is wrapping up an antitrust court battle with the Justice Department over its bid to buy Time Warner in deal that's valued at nearly $109 billion, including debt. It also faces new scrutiny from the Justice Department, which is investigating whether AT&T and rival Verizon colluded to make it harder for customers to switch carriers.If the merger is approved, AT&T — the largest pay-TV company in the country — would become the owner of Time Warner's valuable TV and movie content, including CNN, HBO and Warner Bros. Studios. AT&T executives say the content would allow them to … [Read more...] about AT&T pushes ahead with entertainment growth, while it waits for Time Warner decision
Comcast (CMSCA) couldn't win any popularity contests before Wednesday's Senate Judiciary Committee hearing on its controversial $45.2 billion acquisition of Time Warner Cable (TWC) -- and it won't gain any friends after it.The dilemma facing the world's largest cable company was evident in the testimony of Comcast Senior Vice President David Cohen, who as The New York Times noted, "played down the likelihood of higher prices for consumers" while also declining to back off earlier comments that the Philadelphia-based company couldn't promise that cable bills will go down or increase less rapidly because of the merger. However, he also emphasized to the Committee: "There is absolutely nothing in this transaction that will result in increase in prices for Comcast customers. Nothing." He said that's partly because Comcast's and Time Warner's service territories don't overlap.Unfortunately, cable prices have been skyrocketing even as the industry consolidates. Data from the Federal … [Read more...] about Will Comcast’s Time Warner deal mean higher bills?
Updated Sunday, August 4, 2013 at 4:35 p.m. ET (MoneyWatch) A dispute between CBS Corp. (CBS) and Time Warner Cable (TWC) came to a head Friday when CBS said the cable company has dropped the broadcaster's signal in Dallas, Los Angeles, New York and several other markets. "We deeply regret this ill-advised action, which is injurious not only to our many affected viewers, but also to Time Warner Cable itself," CBS spokeswoman Shannon Jacobs said in a statement. "Throughout this process, Time Warner Cable has conducted negotiations in a combative and non-productive spirit, indulging in pointless brinksmanship and distorted public positioning - such as the fictional and ridiculous 600 percent increase CBS supposedly demanded - while maintaining antiquated positions no longer held by any other programming distributor in the business." On Sunday, Jacobs added: "There are no negotiations taking place at this time between CBS and Time Warner Cable. Before the deadline on Friday we asked TWC … [Read more...] about Time Warner Cable drops CBS from in major markets
AT&T (T) Chief Executive Randall Stephenson, whose planned $85.4 billion acquisition of Time Warner (TWX) stunned Wall Street and aroused concerns in Congress, has already started laying out his case for why the megadeal won’t hurt consumers. In a public appearance on Monday with his Time Warner counterpart, Jeffrey Bewkes, at the WSJDLive conference in Laguna Beach, California, Stephenson unveiled plans for a so-called over-the-top $35-per-month streaming video service that would offer 100 premium channels and wouldn’t require a subscription to a cable and satellite provider. It’s aimed at the mostly young consumers known as cord-cutters who are quitting traditional pay TV. Critics across the political spectrum and some Wall Street analysts, however, remain skeptical and wonder whether consumers will benefit from one of the biggest transactions in recent years. “From my observations over the years, megamergers of this kind almost never benefit average … [Read more...] about AT&T-Time Warner: Is there anything in it for you?