Capital spending at cable TV companies will ease as consumers switch to Apple (AAPL) TV, Roku and gaming boxes, says MoffettNathanson in a research report. While cable set-top boxes will stick around to an extent, pay-TV service providers should see lower CPE (customer premise equipment) costs, says analyst Craig Moffett. Also lowering costs, Comcast (CMCSA), Charter Communications (CHTR) and other firms will also be done transitioning to
Web portal Yahoo (YHOO), which is reportedly weighing its future direction amid meetings of its board this week, needs to deliver big hits in original video programming to attract viewers and advertisers and become “a real destination site,” Rosenblatt Securities analyst Martin Pyykkonen wrote in an industry note on Thursday. Yahoo was down nearly 2% in midday trading in the stock market today. Comcast (CMCSA), Verizon Communications (VZ) and
If Yahoo’s (YHOO) core Internet business goes up for sale, Comcast (CMCSA) and Verizon Communications (VZ) loom as potential buyers. Despite its struggling ad business, Yahoo’s large user base makes the Internet giant attractive to telecom companies, analysts say. And the fact that many users have Yahoo email addresses makes it likely they’ll stick around, even if the company is sold. Cable TV firm Comcast has a strong balance sheet, even after