·Time Warner Cable
Sadly it's gotten to the point where loosing cable subscribers actually helps the bottom line:
The growth in residential high-speed data revenues was the result of growth in high-speed data subscribers and an increase in average revenues per subscriber (due to both price increases and a greater percentage of subscribers purchasing higher-priced tiers of service).
Video programming expenses grew 5.9% to $1.2 billion due to contractual rate increases and the acquisition of Insight offset ($2.6 revenue on video though)
Return of Capital:
Time Warner Cable returned $617 million to shareholders during the quarter. They have 12.5m or so subs, so that means $16.50 of your cable bill PER MONTH goes right back to shareholders in buyback/dividends.
Margins are UP:
Adjusted OIBDA margin(b) 37.2% 36.9% (2012 vs 2011)
Other items of note: HSI/VOIP now 40% of revenue, $113 ARPSR
Capital expenditures are flat for res (meaning new equipment costs are flat, so more speed, more profit).
Biggest loss in subs in the double play, gains in triple play. This means that if you have the double play, they are MUCH more likely to want to keep you as a sub. So get internet and video (phone VOIP), and squeeze them Look for almost pricing parity on 2play vs 3 play. (moving phone is a PITA)