The number of new high-speed subscribers to Time Warner Cable's service dropped 35% compared with first-quarter numbers. Analysts believe the decline can be attributed to seasonality, economic factors -- including the war -- and competition for attractive DSL packages.
Gap's new TV advertising campaign, created by Laird+Partners, will feature singer Madonna with rapper Missy "Misdemeanor" Elliot, both wearing the company's new line of corduroy pants. Some analysts believe that featuring the two artists will help Gap the recreate its image and increase sales.
Terry Bienstock, Comcast EVP and general counsel, told the American Cable Association that a la carte offerings and turning to Washington for helpful legislation would both bring unintended consequences. The ACA, a lobbying group for small to midsize cable operators, has argued that a la carte offerings will help control programming costs.
Liberty Media's John Malone is exlporing the possibility of placing a bid for satcaster DirecTV. Malone's indecision about the move has strained his relationship with News Corp. Chairman Rupert Murdoch, who also is considering a bid, some people close to the situation say.