Tweet

Charter Could Leave CableLabs

By Multi Channel News Staff -- Multichannel News, 5/9/2002 2:00:00 PM

Charter Communications Inc. has exercised an exit clause in its contract with Cable Television Laboratories Inc. that would allow it to withdraw from the consortium in three years, CableLabs CEO Richard Green told Multichannel News Day Wednesday.

But Green and Charter officials downplayed the move, insisting that it does not signal that the MSO will pull out.

All CableLabs members -- which pay monthly dues of 2 cents per subscriber -- must give the consortium three years' notice if they want to withdraw membership, Green said, adding, 'Many companies exercise that right to notify us, and then they renew it every year.'

Charter spokesman Dave Andersen said the letter, sent to CableLabs April 4, was just a formality.

'It's smart in today's business environment to leave your options open,' he added.

Tweet

Talkback

We would love your feedback!

Post a comment

» View All Talkback Threads

Related Content

• Topics
• Author

No related content found.

Also by this author

• FX Adds Two More Comedies

• AT&T Files Program-Access Complaint Against Cablevision

• Neil Patrick Harris to Host Emmys

• Billy Mays Dead At 50

• Brian Graden To Exit MTV Networks

More >>>

• Resource Center
• Browse Categories
• Browse Companies

Featured Company

• Seachange

  

  SeaChange International is the global leader in multi-screen video and one of the largest software companies worldwide. Providing innovative, Emmy award-winning solutions and services for back office, advertising, content, in-home devices and broadcast to hundreds of media compa..more

---

Most Recent Resources

• The New Normal for Promoting Tune-in
• Infrastructure Design for High Volume Video Workflows
• Improving the Internet TV and Mobile Video Experience – an Adap..
• Increasing Efficiency in Digital Distribution of Media
• The Local Origination/Leased Access Metamorphosis