NY Attorney General Questions Cable’s ‘Sports Surcharge’ As Live Games Are On Hold [Forbes]
Altice USA, Inc. Class A (ATUS)
Last altice usa, inc. class a earnings: 2/12 04:05 pm
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Source: Forbes
Statement for cable service on a desktop. Props include reading glasses, coffee cup and pen.... [+]Horizontal photograph. Shot from a high angle looking down. Dramatic lighting with some shadows.GettyIf you read the fine print on your cable or satellite TV bill, you’ll see a plethora of fees and add-on charges on top of the base cost of your package. Among the heftiest of these is the “regional sports surcharge,” which funnels money from subscribers to the various sports leagues, via the sports-related networks that have the live broadcast rights to those events. This isn’t a government-imposed tax or regulatory fee; it’s the cable company passing one of their costs along to their customers to help pay for the content that remains one of the main reasons people keep cable instead of cutting the cord.Now New York State Attorney General Letitia James has called on seven major cable and satellite providers to reduce or eliminate those charges as long as the COVID-19 pandemic is keeping s
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ATUS
News
- Altice USA, Inc. (NYSE: ATUS) had its "underweight" rating re-affirmed by analysts at JPMorgan Chase & Co..MarketBeat
- How Patrick Drahi can clamber out of his debt hole [Reuters]Reuters
- Altice USA, Inc. (NYSE: ATUS) was downgraded by analysts at BNP Paribas from a "neutral" rating to an "underperform" rating. They now have a $1.00 price target on the stock.MarketBeat
- YouTube TV Is Forecast To Be The Largest Pay-TV Distributor In 2026 [Forbes]Forbes
- Altice USA, Inc. (NYSE: ATUS) was downgraded by analysts at Wells Fargo & Company from an "equal weight" rating to an "underweight" rating. They now have a $1.00 price target on the stock, down previously from $2.00.MarketBeat
ATUS
Earnings
- 2/14/24 - Miss
ATUS
Sec Filings
- 4/10/24 - Form SC
- 3/20/24 - Form 4
- 3/20/24 - Form 4
- ATUS's page on the SEC website