A Major Cable TV Provider is Shutting Down

Introduction and Optimum Communications00:00:00

Luke Balma introduces the show after his hip replacement and discusses Optimum Communications nearing a deal to dissolve its company and turn over to creditors due to over $21 billion in debt and significant customer losses.

AT&T Growth and Industry Trends00:02:56

AT&T reports 769,000 new internet customers in Q3 2026, driven by fiber and fixed wireless 5G home internet, as traditional cable providers continue to lose both TV and internet subscribers.

BBC and Copyright Rulings00:04:01

The BBC announces the shutdown of BBC 3, BBC Scotland, and Radio 4 Extra to save 500 million pounds, while the US Supreme Court rules that US copyright jurisdiction does not apply globally.

Sports and Studio Deals00:05:54

Amazon Prime Video secures local NBA broadcast rights starting with the Atlanta Hawks, and Lionsgate is reported to be up for sale as mid-size studios seek exits.

Netflix, Walmart, and Direct TV00:07:36

Netflix reports its slowest earnings growth in three years amid rising costs, Walmart Plus bundles Sam's Club membership with streaming perks, and Direct TV adds new free sports channels.