Cablefax Dailytm Monday — June 10, 2013 What the Industry Reads First Volume 24 / No
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URGENT! PLEASE DELIVER www.cablefaxdaily.com, Published by Access Intelligence, LLC, Tel: 301-354-2101 4 Pages Today CableFAX DailyTM Monday — June 10, 2013 What the Industry Reads First Volume 24 / No. 111 ADVERTISEMENT From the network that brought you the award- winning series DEXTER® and HOMELAND comes A New SHOWTIME® Original Series BREAKING BOUNDARIES. BREAKING RULES. BREAKING THROUGH. © 2013 Showtime Networks Inc. All rights reserved. SHOWTIME is a registered trademark of Showtime Networks Inc., a CBS Company. RAY DONOVAN & DEXTER®: © Showtime Networks Inc. All rights reserved. HOMELAND: © Twentieth Century Fox Film Corporation. All rights reserved. Century Fox Film Corporation. Twentieth © All rights reserved. HOMELAND: Inc. Networks © Showtime & DEXTER®: DONOVAN RAY a CBS Company. Inc., Networks of Showtime All rights reserved.trademark SHOWTIME is a registered Inc. Networks © 2013 Showtime © Copyrighted material! It is unlawful to photocopy/resend CableFAX Daily without written permission from Access Intelligence, LLC QUESTIONS ABOUT YOUR SUBSCRIPTION? CALL: 888/707-5810 OR E-MAIL: [email protected] 4 Choke Cherry Road, 2nd Floor, Rockville, MD 20850 Kimberly Hall – Graphics Manager, Off-Air 323 602 1718 – 5700 Wilshire Blvd., Suite 120, Los Angeles, CA 90036 Project OWN Show Full Page Ad Mech Size (100%) Final Print Size Date 05.21.13 Trim: 8.5” x 11” Trim: 8.5” x 11” Version V3 Bleed: 8.75” x 11.25” Bleed: 8.75” x 11.25” Publication CableFAX Issue Date 06.10.13 URGENT! PLEASE DELIVER www.cablefaxdaily.com, Published by Access Intelligence, LLC, Tel: 301-354-2101 144 PagesPages TodayToday CableFAX DailyTM Monday — June 10, 2013 What the Industry Reads First Volume 24 / No. 111 Veterans Wanted: Industry Stepping Up at Cable Show and Beyond The Cable Show is doing something a little different this year, with a “Hiring Our Heroes” job fair for military veterans on Tues. No stranger to the military, NCTA chief Michael Powell initiated the effort, noting that 1mln vets are expected to return to civilian life over the next 5 years. “Hiring our Heroes is a perfect match for the cable industry because our compa- nies offer such a diverse range of careers that can be a fit for those leaving active service,” said Powell, himself a veteran. It’s not the first time cable has stepped up to meet a need. After Hurricane Katrina, the ’08 Cable Show became a ve- hicle for community service projects in New Orleans and fundraising for reconstruction. This year’s job fair, a partnership between NCTA, CTHRA and the US Chamber of Commerce Foundation’s “Hiring Our Heroes” initiative, is expected to attract several hundred attendees and more than 30 cable employers. It isn’t just lip service. Cable has a lot of jobs to fill. Time Warner Cable has some 400 positions available for vets, said Rahman Khan, dir of diversity recruitment strat- egy. Comcast, which targets 2K vet hires by ’15, will have “hundreds of openings” across multiple departments at both Comcast and NBCU available, according to William Baas, exec dir, talent acquisition. “We have veterans working from entry level to the C-Suite, and we recognize the value of hiring veteran candidates at all levels and positions,” he said. To participate, employers are asked to have at least 5 positions available (a minimum of 2 is required for small businesses). But Bryan Goettel, who is with the Chamber’s “Hiring Our Heroes” initiative, said the number of openings is less significant than HR managers’ recognition of veterans’ skills. Cable is unique for vet jobseekers because “military experiences in lead- ership training, problem solving, crisis management and team building are qualities that cable companies highly desire,” Goettel said. In addition to on-site interviews, the job fair will feature career coaching, educational session and resume workshops with cable HR manager/recruiter volunteers. Comcast Cable and CEO/pres Neil Smit, who served 5 years as a Navy SEAL, will speak at the fair’s opening ceremony and plans to meet with job applicants. Post-show, the hires will continue. Time Warner Cable will launch a dedicated vet employment web page and keep working with the Chamber and military recruiting agencies, Khan said. Baas noted that NBC News and the Chamber will launch a job and education resource portal later this year. The bottom line, according to Powell, is “we’ll always look for new ways to connect the cable industry and military veterans, whether it’s as big as Hiring our Heroes or other programs that make a difference.” DELIVERING THE WORLD’S MOST COMPELLING STORIES BBC OFFERS THE VERY BEST IN NEWS AND ENTERTAINMENT BBC America – Home BBC World News – Journalists of the BIGGEST NAMES in in MORE COUNTRIES than any British Television other news network 4HEPERFECTADDITIONSTOYOURLINE UPsFor more information, contact Affi[email protected] © Copyrighted material! It is unlawful to photocopy/resend CableFAX Daily without written permission from Access Intelligence, LLC QUESTIONS ABOUT YOUR SUBSCRIPTION? CALL: 888/707-5810 OR E-MAIL: [email protected] 4 Choke Cherry Road, 2nd Floor, Rockville, MD 20850 CableFAX DailyTM Monday, June 10, 2013 ● Page 2 CABLEFAX DAILY (ISSN 1069-6644) is published daily by Access Intelligence, LLC M www.cablefaxdaily.com M fax:301.738.8453 M Editor-in-Chief: Amy Maclean, 301.354.1760, [email protected] M Exec Editor: Michael Grebb, 323.380.6263, [email protected] M Editor: Joyce Wang, 301.354.1828, [email protected] M Community Editor: Kaylee Hultgren, 212.621.4200, [email protected] MAdvisor: Seth Arenstein MAssoc Publisher: Amy Abbey, 301.354.1629, [email protected] M Sales Mgr, Susan Kim, 301.354.2010, [email protected] MMarketing Dir: Laurie Hofmann, 301.354.1796, [email protected] M Prod:Joann Fato, [email protected] M Diane Schwartz, SVP Media Comms Group M Subs/Client Svcs: 301.354.2101 M Group Subs: Amy Russell, 301.354.1599, [email protected] Show Floor: Something is missing from the Cable Show exhibit floor this year...ABC-Disney/ESPN ’s big, honking booth (and the sports talent attached to it). The programmer opted for the first time not to have a booth, opting instead for an executive suite designed to look like a faux home. Last year, MTV Nets/BET Nets skipped the show floor all together, with Viacom saying it no longer saw the business benefit of a Cable Show booth. This year, Viacom will have an executive suite. “The National Cable show provides tremendous value as an industry gathering place. As in the past, Disney and ESPN will have a strong presence supporting both the show and our continued membership in NCTA,” Disney/ESPN said in a state- ment. Overall show attendance is tracking a bit ahead of last year in Boston (a large contingent from the Hill is expected). TiVo/Moto: TiVo shares closed down nearly 20% Fri after the vendor announced it had settled patent litigation with Google’s Motorola Mobility, Cisco and Time Warner Cable. Investors clearly think it could have gotten more. Google and Cisco will make a $490mln lump-sum payment in the settlement, with Cisco responsible for $294mln of that, ac- cording to an SEC filing. “Unlike prior similar agreements, the indicated terms seemed devoid of potentially lucrative licensing pacts, even as expected aggregate payment fell shy of our expectations, and shares are indicated in sharp pre-market retreat,” S&P noted, keeping a “hold” on TiVo. The settlement has TiVo entering into certain patent licens- ing agreements with Google, Cisco and Arris (Arris acquired Moto Mobility from Google earlier this year). It brings the total from awards and settlements related to the use of TiVo intellectual property to roughly $1.6bln. All pending litigation will be dismissed. TiVo will use the extra cash to expand its stock repurchase program for an additional 2 years until Aug 29, ’15. It also will up the size of its 10b5-1 trading plan significantly. The initiative means TiVo will have more than $160mln of unused stock repurchase authorization. As a result of the settlement, TiVo expects net income and adjust- ed EBITDA to benefit from lower litigation spending in the remainder of its fiscal year ending Jan 31, ’14 and beyond. Competition: Should cable be nervous? AT&T is saying it has had strong customer additions in 2Q, specifically with U-verse broadband and TV sub growth vs the year-ago quarter. No specifics yet. The telco reports July 23. AT&T is not changing its full-year 2013 guidance provided in Jan, which included full-year revenue growth exceeding 2%. In the Courts: While Time Warner Cable and the NCTA have flagged the DC Circuit’s ruling on theFCC ’s Comcast- Tennis Channel order in their challenge of the FCC’s program carriage dispute resolution process (specifically its standstill provision), the FCC doesn’t see much overlap. “The panel’s opinion merely held that there was insufficient record evidence to justify the FCC’s ruling... [and] provides no support for petitioners’ claim in this case that the FCC’s program carriage rules are facially invalid,” FCC counsel James Carr wrote in a letter filed with the court Fri. As for TWC focusing on judge Brett Kavanaugh’s concurring opinion, the FCC counsel noted that no other judge joined him. While Kavanaugh asserted that 1st Amendment considerations bar the FCC from applying program carriage regs to cable ops without market power, CableFAX DailyTM Monday, June 10, 2013 ● Page 4 the FCC said it only need show that vertically integrated ops remain dominant in some video distribution markets. At the Portals: The FCC released its most recent report on cable prices Fri. For the 12 months ending Jan 1, ’12, ex- panded basic cable prices rose 4.8% at a compound avg annual rate of 6.1% over the 17-year period (’95-’12).