Time Warner Cable Inc.
), the second-largest cable MSO (multi service operator) in the
U.S., has tied up with
) to offer the latter's online offerings STARZ PLAY and ENCORE
Time Warner Cable customers who subscribe to STARZ and ENCORE
can avail the services for free. Customers can enjoy unlimited
online access to more than 1,000 monthly title and can also enjoy
the service via Android and iOS apps.
The agreement will let the cable MSO customers to watch
on-demand movies at no additional cost. Subscribers can also
enjoy the online service through website by simply verifying
their subscription with the Time Warner Cable ID.
Starz, which was formed by spinning off from
Liberty Media Corp
), currently has 17 cable television channels and serves 56
million U.S. customers. Both STARZ and ENCORE, through their
online format, offer 14 pay-TV channels that air more than 600
movies. Additionally, both STARZ and ENCORE offers several
Original series, including the very popular Mega City.
The partnership with Starz enhances the reach of Time Warner
Cable's TV Everywhere offering, which allows the U.S. customers
to watch their favourite shows and movies from anywhere and on
any platform. Recently, the company tied up with
Scripps Networks Interactive Inc.
) that will bring the latter's popular lifestyle cable channels
on Time Warner Cable's TV Everywhere platform.
Cable MSOs in the U.S. are facing fierce competition from
telecom carriers and online video streaming companies, who
provide extremely cheap sources of TV programming. This has
significantly impacted Time Warner Cable's Residential Video
business. In the recently concluded first quarter, the company
lost 119,000 Residential Video subscribers.
We believe that bringing these popular channels will increase
the content base of TV Everywhere, thus vending off competition
from online streaming companies. Furthermore, it will reduce the
constant decline in subscriber base within the Residential Video
TWC currently carries a Zacks Rank #3 (Hold).
LIBERTY MEDIA-A (LMCA): Free Stock Analysis
SCRIPPS NETWRKS (SNI): Free Stock Analysis
STARZ-LIB CAP-A (STRZA): Free Stock Analysis
TIME WARNER CAB (TWC): Free Stock Analysis
To read this article on Zacks.com click here.