ST. LOUIS, Nov. 1, 2011 /PRNewswire/ -- Charter
Communications, Inc. (NASDAQ: CHTR) is expanding choice and
increasing convenience for its Internet customers by organizing
online content from Netflix, Amazon Instant Video and Hulu into a
single online directory on Charter.net. Leveraging its robust
broadband network, Charter is in a unique position to provide
additional value through a comprehensive search and discovery
experience, including entitled cable content and over the top
content, not available from any other multichannel video
programming distributor.
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Charter's Internet customers already have access to a variety of
movies, shows and sports coverage on Charter.net, and the choices
will continue to grow at a rapid pace over the course of the next
year. Initially available online, the enhanced functionality will
be available on tablets and mobile devices next year.
Pointers to content offered by Netflix, Amazon Instant Video and
Hulu will be integrated with links to content already available on
Charter.net through a unified search and discovery experience.
Customers will have the ability to search the full library of
content available from a variety of distributors, and choose the
source of the content with just a few quick clicks.
"Consumers are watching streaming video from a variety of
content providers on multiple devices at an increasing rate," said
Rich DiGeronimo, Charter's Senior
Vice President, Product and Strategy. "Charter is embracing this
change in landscape, and making the search and discovery for all
types of content easier and more convenient for consumers by
integrating content from numerous sources into a single online
directory. We're starting by expanding our online functionality,
but this is just the beginning of our aspiration to deliver the
best customer experience with all video content on all devices,
everywhere our customers go – over the most robust network."
Charter is providing access for its customers to search the
additional content for free. Customers must have appropriate rights
to view the movies and shows by maintaining relationships directly
with Netflix, Hulu or Amazon Instant Video in accordance with each
services member agreements.
Earlier this year, Charter launched online content from a number
of popular premium and sports content providers. Integrating
content from Netflix, Amazon Instant Video and Hulu is the next
step in providing a robust library of content to enjoy online, from
anywhere in the country, and over time, on tablets and mobile
devices.
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About Charter
Charter (NASDAQ: CHTR) is a leading broadband communications
company and the fourth-largest cable operator in the United States. Charter provides a full
range of advanced broadband services, including advanced Charter
TV® video entertainment programming, Charter Internet® access, and
Charter Phone®. Charter Business® similarly provides scalable,
tailored, and cost-effective broadband communications solutions to
business organizations, such as business-to-business Internet
access, data networking, business telephone, video and music
entertainment services, and wireless backhaul. Charter's
advertising sales and production services are sold under the
Charter Media® brand. More information about Charter can be found
at charter.com.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING
STATEMENTS
This release includes forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended
(the "Securities Act"), and Section 21E of the Securities Exchange
Act of 1934, as amended (the "Exchange Act"), regarding, among
other things, our plans, strategies and prospects, both business
and financial. Although we believe that our plans, intentions and
expectations reflected in or suggested by these forward-looking
statements are reasonable, we cannot assure you that we will
achieve or realize these plans, intentions or expectations.
Forward-looking statements are inherently subject to risks,
uncertainties and assumptions including, without limitation, the
factors described under "Risk Factors" from time to time in our
filings with the Securities and Exchange Commission ("SEC"). Many
of the forward-looking statements contained in this release may be
identified by the use of forward-looking words such as "believe,"
"expect," "anticipate," "should," "planned," "will," "may,"
"intend," "estimated," "aim," "on track," "target," "opportunity,"
"tentative," "positioning" and potential," among others.
Important factors that could cause actual results to differ
materially from the forward-looking statements we make in this
release are set forth in other reports or documents that we file
from time to time with the SEC, and include, but are not limited
to:
- our ability to sustain and grow revenues and free cash flow by
offering video, high-speed Internet, telephone and other services
to residential and commercial customers, to adequately deliver
customer service and to maintain and grow our customer base,
particularly in the face of increasingly aggressive competition,
the need for innovation and related capital expenditures and the
difficult economic conditions in the
United States;
- the impact of competition from other distributors, including
but not limited to incumbent telephone companies, direct broadcast
satellite operators, wireless broadband and telephone providers,
and digital subscriber line ("DSL") providers and competition from
video provided over the Internet;
- general business conditions, economic uncertainty or downturn,
high unemployment levels and the significant downturn in the
housing sector and overall economy;
- our ability to obtain programming at reasonable prices or to
raise prices to offset, in whole or in part, the effects of higher
programming costs (including retransmission consents);
- the effects of governmental regulation on our business;
- the availability and access, in general, of funds to meet our
debt obligations, prior to or when they become due, and to fund our
operations and necessary capital expenditures, either through (i)
cash on hand, (ii) free cash flow, (iii) access to the capital or
credit markets including through new issuances, exchange offers or
otherwise, especially given recent volatility and disruption in the
capital and credit markets, or (iv) other sources and our ability
to fund debt obligations (by dividend, investment or otherwise) to
the applicable obligor of such debt;
- and our ability to comply with all covenants in our indentures
and credit facilities, any violation of which, if not cured in a
timely manner, could trigger a default of our other obligations
under cross-default provisions.
All forward-looking statements attributable to us or any person
acting on our behalf are expressly qualified in their entirety by
this cautionary statement. We are under no duty or obligation to
update any of the forward-looking statements after the date of this
release.
SOURCE Charter Communications