Three “Big TV” Titans Vie for Supremacy in Your Living Room (Bloomberg)
May is the month for television’s sweeps, when networks, advertisers and TV shows pull out all the stops to win the ratings war. And right now, investors ultimately could come out as the winners, as three of the TV industry’s biggest players are revealing startling Q1 2014 numbers heading into May. They should make investing in one of these behemoths a no-brainer. Specifically, Comcast Corp. (CMCSA) revealed that it added subscribers for the second straight quarter — after years of losing market share. Next, Time Warner Cable Inc. (TWC) shared that it reduced viewer attrition to the lowest point in four years. Since when does a smaller loss count as a win, though? I say never. And then we have Verizon Communications Inc. (VZ), which, frankly put, had its worst quarter ever for its FiOS TV products. In this light, it looks like Comcast is trying to sweep the other two into the investor gutter.
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