Time Warner Cable Inc.
) - the second-largest cable MSO in the U.S. extended its
agreement with STARZ.
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The new deal will allow Time Warner Cable's subscribers to view
movies and TV shows online anywhere and on any device, like
smartphone, tablet and PCs. From next month, the customers will
get the opportunity to watch exclusive programs from STARZ and
ENCORE channels inclusive of 12 other multiplex channels.
Time Warner Cable's customers can enjoy huge collection of movies
and TV shows either at home or away. Moreover, the subscribers
can order for their favorite movies and TV shows through their
expanded Video-on-Demand (VOD) services.
The popularity of STARZ's On Demand VOD service is on the rise as
the company is also offering 3D on-demand movies to Comcast and
Verizon FiOS customers.
Through Starz's Play website, the subscribers can easily stream
movies and TV shows.
With the growing popularity of TV Everywhere services, Starz
started offering its video streaming services through Starz Play
website from Oct 8, 2012. The online service has already gained
huge appeal among
) U-verse and Verizon FIOS TV customers.
Even satellite TV and cable MSO operators like
Dish Network Corp.
), Comcast Xfinity and Cox Communications have joined the
bandwagon. So, Time Warner Cable will be the latest to join the
Hence, we believe that the launch of such innovative service
offerings will not only retain subscriber base but will also
drive customer growth, going forward.
Currently, Time Warner Cable has a Zacks Rank #3 (Hold).